in the future. Key Performance Highlights Management Discussion and Analysis (MD&A) 2019 Page 2/8 1. Mobile Phone Distribution and its Accessories Jaymart Mobile Company Limited, the Company's core

354,032 38,198 44.12 Selling and distribution expenses 104,588 106,427 (1,839) (1.7) 95,785 93,788 1,997 2.1 Administrative expenses 180,753 174,720 6,033 3.5 131,619 123,826 7,793 6.3 Loss on impairment of

than other customer groups and the discount for such group. Raw Water Volume (Million Cu.M) For the three-month period Year 2019 Year 2018 YoY % Q4/2019 Q4/2018 YoY % Total distribution volume 78.09

354,032 38,198 10.8 Selling and distribution expenses 104,588 106,427 (1,839) (1.7) 95,785 93,788 1,997 2.1 Administrative expenses 180,753 174,720 6,033 3.5 131,619 123,826 7,793 6.3 Loss on impairment of

Income 91.2 65.3 25.9 39.7 Cost of equipment for lease 170.5 132.7 37.8 28.5 Selling and distribution expenses 337.0 270.5 66.5 24.6 Impairment loss on financial assets (29.0) 96.7 (125.7) (130.0) Fair

significant decrease in revenue from property ownership transfer from many projects. The Company's net profit for the first six-month period of 2019 was 104.30 million Baht or 14.87% of total revenue. The net

design, work suspension or delay due to change in construction design Many projects are gradually completed. Concurrently, many new projects that have been signed into contract or about to be signed which

financial cost of 6.33 million Baht, decreased by 16.37 million Baht or a decrease of 72.11% from the previous year due to the significant property ownership transfer from many projects which enabled the

transfer from many projects. The Company's net profit for the nine-month period of 2019 was 121.44 million Baht or 13.91% of total revenue. The net profit decrease by 276.45 million Baht or down by 69.48

of many projects although the Company has already been hired. The Company’s subsidiaries have increased work deliveries compared to the same period of previous year. (2) Cost of sales In the second