. For the project This will benefit the company in terms of growth and expansion of the company and to generate more revenue for the company in the future. 4. The Company will not make any significant

Company acquired a total of 8 solar power   - 18 - plants in Japan with the total capacity of 176.72 MW. For the project This will benefit the company in terms of growth and expansion of the company and to

generate more income and cash flow. The Company acquired a total of 8 solar power plants in Japan with the total capacity of 176.72 MW. For the project This will benefit the company in terms of growth and

. Also, the Company foresee the growth of Biodiesel industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This will help to reduce the purchase of

increased as the target and the direction in the third and fourth quarters still support the growth of businesses Management Discussion and Analysis (MD&A) for Q2/2019 Page 2/7 Jaymart Public Company Limited

capital. The Company expects the following benefits: 1. To use for the investment in other main business expansion of the group of the company to the Organic and Sustained growth. 2. Could get a better

Company Limited - Translation - Ref: IR61/007 26 February 2018 Re: Management Discussion and Analysis for Yearly Ending 2016 To: President The Stock Exchange of Thailand Pursuant to Jaymart Public Company

company which has potential growth. In addition, the transaction has reasonable conditions of Leyland’s shares acquisition and the purchase price is below the appraisal price which can increase the

Electric Vehicles in UK in order to ensure that the company can maintain sustainability growth in the long term. Net profit The company’s operating margin in 2019 was 4.5%, a drop from 8.9% in 2018 and 11.3

highest growth in Europe at 26.6 percent, followed by Austria, Germany, and Spain at 20.8 percent, 13.2 percent, and 12.9 percent respectively (Source: Ministry of Tourism and Sports). The Company has