. The gross profit margin in the first quarter of 2020 was 69.4%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA

subsidiary, ICE, appointed Reseller of Oracle, was acquired on 27th March 2019). In addition to Oracle ERP, ICE has launched a new product to penetrate the small to middle-end segment, Oracle Net Suite. This

months were 45.9% and 53.2%, respectively. These gross margins had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the

was 551 MTHB, increased by 330 MTHB comparing to its amount of 221 MTHB in 2017 as a result of more machinery and equipment acquired during major turnaround in 2018. 3. In 2018, the net cash flow used

services income increasing. The Company acquired non-performing loan by using the budget amount of 2,351 million bath in 9-month period of 2019. Management Discussion and Analysis, Q3/2019 Page3/4 JMT

amounted to 43.92 million baht, compared with 21.66 million baht of the same period of the previous year, an increase of t 22.26 million baht or 102.77 percent. The company has acquired Sun Express Logistics

of tax exempt status which can be carried forward and deducted as expenditure from the net profits acquired. For the year 2014 and 2015, the Company could claim this priviliege to the whole amount

both secure and unsecure debt in 1st quarter of 2018 and excess of acquisition cost over estimated value of interest acquired in net assets of a subsidiary (JP Insurance). Liabilities and Shareholder’s

investment in account receivables and the excess of acquisition cost over estimated value of interest acquired in net assets of a subsidiary. Liabilities & Shareholder’s Equity As for the period ending 30 June

Thailand have been acquired in 2016 and 2017. The revenues from renewable energy are starting to contribute a significant portion of the profits since 2018 onward. Subsequently, on November 6, 2018, the