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

% (82.5) (86.8) (4.3) 5.2% Net Profit attribute to Equity Holder of the Company 119.9 148.5 28.6 23.9% 236.0 293.0 57.0 24.2% Total Revenues The Company’s total income for the second quarter of 2019 equaled

(35.9) (39.3) 9.6% (54.2) (82.5) 52.2% Net Profit attribute to Equity Holder of the Company 124.8 119.9 -3.9% 198.0 236.0 19.2% Total Revenues The Company’s total income for the second quarter of 2018

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

entrance/exit way to main road throughout the sub-leasehold period without any compensation. (e) Any other agreed conditions which benefit the Trust. (2) Transaction Size Undertaking Transaction is a part of

million In 2019, the Company has increased expenses for filing lawsuits against long overdue debtors. Including the Company and its subsidiaries recognized the expenses from the compensation adjustment for

million. Other income amount of 19 million Baht increased 17 million Baht from last year, this included compensation of 15 million Baht for another party’s breach of agreement. Costs and Expenses In 2018

compensation rate for employees who have more than 20 years of work from the original 300 days has been adjusted to 400 days; approximately 57.53 million baht, and the Company’s Voluntary Retirement project

, which the Company has recorded employee compensation, impairment of machines, equipment and spareparts, impairment of intangible assets, impairment of goodwill, and provision for long-term employee

equal to 1.95% of compensation value, and the combining the value of asset acquisition during 6 months is equal to 6.34%. The transaction is also the middle size of related transaction of listed company