which increased of 11 million baht or 0.5% y-y. However, considering the Company separate financial statement cost to income ratio showed at 35% of total revenues both in the second quarter of FY2022 and

quarter of 2019, The Company (Separate) has realized net loss of 12.21 million Baht compared to net profit of 1.36 million Baht in the 2nd quarter of 2018. The Company’s net profit has decreased by 13.57

% Total Expenses 28.1 18.0% 27.1 16.4% -0.9 -3.3% EBIT 17.2 11.0% 33.7 20.4% 16.6 96.4% Management Discussion and Analysis Q1/2020 Page 2/4 JAS Asset Public Company Limited Separate Financial Statement Q1

auditor as follows: Separate financial statements The Company reported profit for Q2/2017 in the amount of Baht 307.2 million (Q2/2016 : Baht 251.0 million) which increased in the amount of Baht 56.2

million baht. The total income was selling and administrative expense was expense was 63.57 million baht. 43,209.91 million baht and the total equity was For the Separate financial statements, the Company

baht or 9.15% from 460.41 million baht in 2018 due to the decrease in project loan. For the separate company financial statement, the company would like to inform total revenues 2,217.47 million baht and

venture in MARQUE Sukhumvit project which is not yet realized revenues in Q2/2017. Anyway, MARQUE Sukhumvit was already start transferring in July 2017. For the separate company financial statement, the

/2017 amounted 111.00 million baht increased by 14.64 million baht or 15.19% from 96.36 million baht in Q3/2016 due to the increase of interest rate. For the separate company financial statement, the

million baht or 14.22% from 403.08 million baht in 2017 due to the increase of interest rate and the recognized interest expenses in construction completed projects. For the separate company financial

continuous loan repayments. For the separate company financial statement, the company would like to inform total revenues 767.57 million baht and net profit 236.84 million baht for three months of 2019 ended