Page | 1 Management Discussion and Analysis Q2/2020 JMART Management Discussion and Analysis Q2/2020 Synergy Digital Transformation eX Growth Business Model Page | 2 Management Discussion and
. The increase in demand by air freight, in particular, encouraged the cross-border land transportation (CBS) business to turn a profit on the net loss last year. This contributed to a significant growth
sustainable and profitable growth of both high-volume Necessities and high-margin HVA business continues. Our global scale of polyester value chain and HVA platform has been enhanced by recent acquisitions
investment LPN made in the above real estate development project and the establishment of a joint- stock company is to bring about long-term business growth. It will generate more income for LPN as it is
profit resulting from efficient return trip cost management. Making the company profitable, with the gross margin for the first nine months of 2020 equal to 15%, an increase from the same period last year
and 11.47 million baht, respectively. It increase 65.22 million baht or 568.61 % when compared with Q3 / 2019 the reason is that the company has increased sales, profitable on exchange rates compared to
another record quarter that makes 14 consecutive quarters of core EPS growth on a Last Twelve Month (LTM) basis. Core EBITDA 2Q17 up 9% and LTM 2Q17 up 33% Core EBIT (Operating Profit) up 14% in 2Q17
average industry growth trend from the Bank of Ayudhya research Cost of Sales Based on an average of 2017 - 2019 (Unit : Baht) 2017 Audited Statement 2018 Audit Statement 2019 Audited Statement Operating
management while expanding into profitable segment with higher asset quality taking in careful considerations the economic conditions. The overall Bank’s loan portfolio as of end of 3Q20 expanded by 8.2% 2