income in 2018 was Bt52.3 million, decreasing by 11.2%(y-o-y) since lower interest income as the investment in short-term Government bonds have been reduced due to the proceed of investment in the Northern

income in 2018 was Bt52. 3 million, decreasing by 11. 2% ( y- o- y) since lower interest income as the investment in short- term Government bonds have been reduced due to the proceed of investment in the

at June 30, 2018 amount of Baht 609.78 million increase Baht 21.29 million or 3.62% , an increase in property, plant and equipment by Baht 16.11 million, due to the investment in machinery of new

(loss) from investment in associated company and joint ventures In the second quarter of 2018, the Company recognized the profit sharing from Mctric Public Company Limited (“Mctric”) which was Baht 2.14

gain (loss) on revaluation of investment (41.91) (12.27%) - 0.00% (41.91) 0.00% Earning before tax 19.51 5.71% 42.67 35.52% (23.16) (54.28%) Income tax expenses (7.52) (2.20%) 1.27 1.06% (8.79) (692.13

ratio was 1.35 times as the Company use short-term loan, bond and cash deposit as source of fund for Investment in Associates and purchase of Property, Plant and Equipment (PPE) The Company maintained

Analysis (MD&A) 2019 Page 4/8 6. Property Development Business and Retail Rental Space JAS Asset Public Company Limited ("J"), a company considered as the property developer, conducting in the business of

several ways; including allowing After You to test customer demand in a selected location, and, as it requires minimal time and amount of investment to set up, After You has great flexibility to expand in

per cent from the previous year, mainly from investment income in promissory note. While in 2018, has not investment income. As result, the other income has decrease. 3.4 Selling expenses Selling

ventures 71.7 102.6 (30.9) (30.1)% Property, plant and equipment 109.4 128.6 (19.2) (14.9)% Equipment for Lease 97.6 149.3 (51.7) (34.6)% Advance withholding tax 12.8 - 12.8 100.0% Total Assets 4,272.8