subsidiaries engaged in businesses such as hotels and property management. We present the result of operations for such subsidiaries as discontinued operations for the years prior to the year in which these

) (7.2) (682%) (8.2) (587%) Net Profit/(Loss) from the period attribute to equity holders of the Company (53.0) (4.9) (982%) (3.5) (1,414%) For the nine-month ended 30 September 2017 NPP Consolidated PL

(1.3%) Total 283.2 292.6 (3.2%) 285.4 (0.8%) Gross Profit 57.0 65.9 (13.5%) 51.5 10.7% Net Profit/(Loss) for the year (47.7) (8.2) 481.7% (47.8) (0.2%) Net Profit/(Loss) from the period attribute to

(12.1%) 125.5 6.9% Total 287.5 301.2 (4.5%) 283.2 2.2% Gross Profit 59.8 64.1 (6.7%) 57.0 4.9% Net Profit/(Loss) for the year (51.2) (56.3) 9.1% (47.7) (7.3%) Net Profit/(Loss) from the period attribute

income 881 935 6.1% 2,768 2,645 (4.4%) 2,667 2,245 (15.8%) Income tax expenses 171 114 (33.3%) 550 453 (17.6%) 477 394 (17.6%) Net profit Attribute to Owner of the Parent 706 789 11.7% 2,165 2,135 (1.4

sale of property - and received more sale promotion support from supplier. Thus, the details of the Company’s performance are explained as follows; Q1/2017 Q1/2018 Change MB. % MB. % MB. % Rental and

3.0 1.7% 3.3 1.9% 0.3 10.0% Net Profit attribute to Shareholders (Loss) 0.4 0.2% 0.5 0.3% 0.1 25.0% Management Discussion and Analysis Q1/2019 Page 2/4 JAS Asset Public Company Limited Rental and

239.3 -319 -57.1% Finance Cost 71.2 111.9 40.7 57.1% 134.7 210.9 76 56.6% Tax Expenses 59.5 19.4 -40.1 -67.4% 62.4 36.6 -26 -41.3% Net Profit attribute to Equity’s Shareholders. 148.1 44.5 -103.6 -69.9

the Restructuring, including subsidiaries in five foreign countries and subsidiaries engaged in businesses such as hotels and property management. We present the result of operation for such

transfer of the entire business of UE, i. e. all of its assets and debts, on the entire business transfer date. UE engages in the property business through the holding of shares in other companies (Holding