loans and used as working capital. This will enhance the Company to reduce the interest burden and maintenance costs. Moreover, the price is a reasonable. The Company has acquired the land in July 2016
raising complete the Company expected to Management Discussion and Analysis Q1/2019 Page 4/4 JAS Asset Public Company Limited reduce it interest expense and re-balance its the capital structure to fit with
share, equivalent to Baht 400,000 (four hundred thousand). This disposing of Subsidiary’s ordinary shares will benefit the Company and shareholders in the future, which the Company can reduce the risk of
February 24, 2020 Subject: Management Discussion and Analysis For the year ended December 31, 2019 To: The President, The Stock Exchange of Thailand Home Pottery Public Company Limited (“The Company
existing outlets and the Company was able to reduce selling expenses and increase of operation efficiency. 3/3 Oishi Group Financial Position as of September 30, 2019 Assets Total assets as of September 30
of revenue and cost of sales comparing to Quarter 1 in 2018 decreased as the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative
company had continuously reduce working time and production hours to reduce costs respective too the decline in production. In the Tooling and Metal Fabrications segment, net profit margin decreased due to
was mainly from the Company managing to reduce raw material costs due to cheaper sources of raw materials imported and the reduced energy. For the three-month period ended 30 September 2019, the selling
Philippines still do not have enough order to optimize production, the company had continuously reduce working time and production hours to reduce costs respective too the decline in production. In the Tooling
cost of sales comparing to Quarter 2 in 2019 decreased as the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the