to the JAS Asset Management Discussion and Analysis, Q3/2019 Page 2/4 number of IT Junction branches reduce by close down the branches that its performance did not meet the target. Cost of Rental and

revenue for the same period of last year. The positive impact is a result of more projects awarded in 2017 leading to more negotiation power and efficient cost management. 1. Business Performance Analysis

due to the improved financial performance of associated companies. Finance cost amounted to Baht 311.94 million, a drop by Baht 54.25 million or 14.81% from last year The Company and its subsidiaries

. no longer being a subsidiary of the company. This decision was made because it continued to return deficit performance and letting it go would help the company to be released from the cost burden, and

) THB 188 million accretion cost from a discounting of long-term construction payables based on requirement of accounting standards. ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION

ABBREVIATION & OUR PROJECTSEXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION 2016 2017 % change million Baht million Baht y-on-y Cost of sales and services

in sale quantity and production cost. Performance Revenue from sale and cost of sale The Company and subsidiary recorded a sales volume of 1,449,290 tons for the year 2018, increased by 66,524 tons

group’ s new business, began to recognize revenue since January 2017 at the generating capacity of 16.47 MW. Other income and fixed cost Financial performance of solar energy for the six-month period

THB or 4.75% of total revenue in 2016. This growth in net profit derived from the efficient cost controlling in both project and overheads side in 2017. Considering the performance in the 4th quarter of

favorable business performance. The Company reports the total revenue of 600.91 million THB in 2017, increased by 262.06 or 77.34% compared to the same period of 2016. With regards to cost of sales and