including utility bills and tax campaign which temporarily stimulated the private consumption. Nonetheless, inherent risks lay in structural challenges such as high household debt, delayed government budget

-15% QoQ from one-time income in 2Q24. Finance cost was Bt2,293mn, increasing 68% YoY, due to higher interest-bearing debt from TTTBB acquisition and interest from 3BBIF right-of-use asset, while

Price (Bht./ton) 18,690 16,163 HRC Cash Margin (Bht./Ton) 1,700 1,586 Unit: million Baht 31 December 2017 31 December 2016 Fin an cia l St at us Total Liabilities 5,492 5,871 Total Asset 19,546 17,813

disposal 7.1 This asset disposal will help reduce the debt of the Company, enabling the Company to repay the debt at the specified date and operate business continuously. Currently, the Company has interest

asset disposal will help reduce the debt of the Company, enabling the Company to repay the debt at the specified date and operate business continuously. Currently, the Company has interest-bearing debts

group bought more distressed debt of JMT's investment and an increase in investment properties in its subsidiary JAS Asset. Liabilities and shareholders' equity As of 30 June 2020, The Company has total

observed a growth in subsidiary business especially in distress debt management and mobile phone distributor. The details of the Company’s performance are explained as follows: 2016 2017 Change MB % MB % MB

due to lower prices. Net debt to equity is at 0.99 times, well below IVL’s covenants, and supported by stronger operating cash flow. The dividend payout of THB 1.225/share for 2019 remains higher than

JAS Asset Management Discussion and Analysis, Q2/2018 Page1/3 - Translation - No. J61/009 8 August 2018 Subject: Management Discussion and Analysis, 2nd Quarter Ending 30 June 2018 To: President The

are necessary for the business of non-performing debt management and debt collection services, including car parking service, security and general building cleaning, etc. 3. Period 6 months from