average rate of 69.7% per year. The Company has a unique portfolio of hotels in desirable global holiday destinations, as follows (1) Two self-manage hotels in Thailand, operate under independent branding

the impact of COVID-19 at a level that the company can manage. Highlights of the company's performance in the second quarter of 2020 (Quarterly Profit New High) The Company and its subsidiary ( JMT

’ s consolidated total assets has grown at an average rate of 69.7% per year. The Company has a unique portfolio of hotels in desirable global holiday destinations, as follows (1) Two self-manage hotels

ability to manage costs efficiently. N E T P R O F I T a n d N E T P R O F I T M A R G I N : Executive S U M M A R Y : Q 2 / 2 0 2 2 K e y F i n a n c i a l H i g h l i g h t s 1EBITDA Margin and Net Profit

to the increase in total revenue especially from dessert café. At the same time, the expense has increased at a smaller proportion as a result of the Company’s ability to manage costs which allows the

million baht. As a result, the expense to income ratio (Cost-to-Income Ratio) this year increased to 39.7%, driven from the expansion of subsidiaries in overseas. However, the Company will be able to manage

manage its efficiency in operating and administrative expenses well through the Digitalization process in the future. The separate financial statements has cost-to-income ratio at 37.8%. Expected Credit

valuate the land again. The valuation is expected to be completed in June 1028. However, if valuated price is lower than 165,000,000 Baht, the condition precedents of share purchase agreement between

ควบรวมกิจการ (Synergy forecast) การอธิบายขอ้สมมุติฐาน ประกอบการจัดทําประมาณการณ์ทางการเงนิ (Financial forecast assumptions) การวเิคราะหภ์าวะอตุสาหกรรม (Industry status and valuation) ฯลฯ และจัดเตรยีมกา

ตลาดหุ้นดูจะยงัไม่ตอบรับต่อความเส่ียงดงักล่าวมากพอ โดย ตลาดคาดวา่กาํไรของบริษทัจดทะเบียนใน S&P500 ปี 2023 จะโตดีท่ี 7% ไม่สอดคลอ้งกบัภาวะเศรษฐกิจท่ีช้ีวา่ควรจะทรงตวั หรืออาจติด ลบ เช่นเดียวกบั Valuation