and esthetics. 2. Overview of operating results for Quarter 1’ 2020. Thai’s economy has trend to growing lower continuously, Especially Service & Travel business which loss a lot of travellers in this

be used to enable linkage to other service providers under the National Digital ID program in the future. 3. Customers’ right to choose services must not be restricted. 4. IT risk management and cyber

expenses in 2017 compared to 2016. Details are: 1. Public service and common area fees for houses and condominiums for sale has increased by Baht 3.70 million. 2. Amortization expenses of sale office and the

or service transactions. Such transactions have been conducted as normal business with reasonable price and relevant terms and conditions, including being beneficial to the Company by enhancing the

for staffs to do operation and also to store documents. 4. The total value of the consideration: 4.1 The total value of transaction. 4.1.1 The rent and service of warehouse at the rate 648,000 Baht per

/5 - Translation - Ref. J62/003 25 February 2019 Subject: Management Discussion and Analysis for Yearly Ending 2018 To: President The Stock Exchange of Thailand Regarding to JAS Asset Public Company

income 23.88 59.13 (35.25) (59.61) Service income - 3.09 (3.09) (100.00) Other income 1.13 1.14 (0.01) (1.01) Total Revenues 25.01 63.35 (38.35) (60.53) Cost of construction 47.89 87.62 (39.73) (45.35

rental and service business, including golf course improved continuously and this business generated substantial gross profit to the Group. For the first 9 months of this year, the gross profit of rent and

 streamin and recorded a  ve discounts co MD&A  o Service 00,  closer  to  t anded from 0.5 2Q17, AIS’ serv %  YoY  and  2. ment  and  fixed s relatively flat Q tinued. YoY cos   TOT  partners atively  flat

office for staffs to do operation and also to store documents. 4. The total value of the consideration: 4.1 The total value of transaction. 4.1.1 The rent and service of warehouse at the rate 648,000 Baht