million or 22% from year 2019 mainly due to Short-term borrowing from related parties which increased by Baht 699 million resulting from default in payment of SBLC by the Company, increase in accrued

liabilities are creditors or accrued expenses arising from the normal business operations of the company’s group that are not yet due. Which increased in number and value of the construction work of the

adjusting accrued employee-related expenses that were recorded in the previous quarter to be in accordance with the actual approved amount. Operating Results and Capabilities to Make Profit Performance from

various provinces across Thailand. Apart from marketing expenses, employee expenses also decreased by THB 19.24 million, caused by the company's decision to reduce accrued bonus this year, compared to 1

%), mainly due to accrued promotional income and incentive receivables, which increased by THB 17.19 million (+10.47%). Revenue department receivable increased by THB 11.63 million (+ 135.76%). Prepaid

these channels. Other current receivables grew, including accrued promotional income and tax receivables, which were related to the higher inventory purchases. The increase in accrued promotional income

equivalents 10,738 4% 14,646 6% 22,188 9% Trade accounts receivable 10,479 4% 4,624 2% 3,842 2% Accrued income - 0% 26 0% 475 0% Other receivables 3,672 1% 2,635 1% 3,462 1% Inventories 384 0% 266 0% 197 0

margin stood at 58.1% higher than 2017.   Management Discussion and Analysis of FS2018 Page 3/5 JMT Network Services Public Company Limited Administrative Expenses In 2018, the Company incurred

E Baht 230 m ower plant bu he interest exp Baht 105.39 of the power in associate n associated 2019, the co 294.50 millio ht 60.41 milli mpany recogn mparison to g nts in associate -incurred) Q3/2019 3

companies of Baht 59 million, net gain on sale of investment is worth Baht 415 million. The Company has also booked a major expense item incurred by tax assessment totaling Baht 992 million. This amount