comparison with the previous year, due to the delay approval process of budget expenditure of the government for the 2020 fiscal year. • Revenues from sales and beauty treatment services for the year 2019 were

years or until the budget is used up, whichever occurs first. 5.2 Sales of water project to the Provincial Waterworks Authority, Project 2 Time Period Minimum purchase amount (CBM/Day) Maximum purchase

consumption and the improvement of the service sector according to the number of thai and foreign tourists. However, Public expenditure shrinks from both regular expenditure according to central budget

consists of penalty amounting to Baht (18.90) million, additional cost of project of Baht (3.86) million, and revision of project budget equal to Baht (8.40) million. 1.2 Many projects have realized progress

community will start to increase rental revenues in early of 2020. 4. The Coffee shop under brand “Casa Lapin” increase more sales and expect to break- even as according to the budget. Thus, you have been

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

(increased by 0.5 percent from Q3/2019) due to the marketing budget management in line with sales, and the growing international sales while the selling and marketing expenses in international markets were, on

) allocate sufficient resources and budget to persons who relate to any operation in compliance with such policy and plan; (2) provide a measure to control and monitor operation under such policy and plan

expenses from services was not in line with budget. The Company recorded an impairment of inventory Baht 25.42 million. (4) Gross profit The Company and its subsidiaries’ total gross profit were Baht 34.04

Expenditure Capital Budget in 2018 USD15 million Forwarded for your information. Sincerely yours, (Mrs.Voraluksana Ongkosit) Executive Vice Chairperson