, a 89.8% decrease from 1Q2019. (Unit : Million Baht) Consolidated Financial Statements 1Q'20 1Q'19 % Change Total Revenue 430.3 459.4 -6.3% Gross Profit 136.5 183.4 -25.6% Normalized Share of Profit

days 66 69 72 Cash Conversion Cycle days 84 81 75 Finanial data and profitability ratios Sales revenues million baht 53,067 49,224 46,887 %change (%) 7.8% 5.0% (0.11%) Gross profit million baht 12,123

restructuring is complete, SSK will perform better. The Company had a profit from the change in the proportion of investment by allocating the purchase price (Purchase Price Allocation, PPA) by an independent

period of 2018. Details of the Company’s profit sharing from four associate companies are as follows: (Unit: Million Baht) Third quarter 9-month period 2019 2018 Change % 2019 2018 Change % Home Product

recorded. The above factors cause the overall change in total operating expenses in Q3- 2022 to change at a similar rate to the change in total revenue compared to Q2-2022 and Q3-2021. The profit in Q3- 2022

Q1-2022, resulting in the increasing rate of revenue in Q2-2022 is not very high when comparing in total revenue. Typically, the profit for the period changes in line with the change in revenue. When

and the provision for penalty on project delay. As the result, the change - 3 - in profit of Q4-2018 was opposite to the change in revenue. Besides, resulting the profit of Q4-2018 decreased form Q4

Microsoft Word - MDA 2017 EN SET Final.docx Page 1 of 5    L-WAVE ENT 28/2018 28 February 2018 Subject: Report on reasons of change to profit (loss) and analysis on operating results by the

% Allowance (reversal of allowance) for impairment of assets 5.6 0.8% -3.6 0.0% -9.2 -163.6%   JAS Asset’s Management Discussion and Analysis for FS2018 Page2/5 2017 2018 Change MB % MB % MB % Profit before

(reversal of allowance) for impairment of assets 0.8 0.1% 5.6 0.8% 4.8 600.0%   JAS Asset Management Discussion and Analysis for FS2017 Page2/4 2016 2017 Change MB % MB % MB % Profit before Expenses 106.0