quarter of 2020, the Company recorded gain on FX of THB 541.72 million. The main reason was from loan to related parties in AUD currency. As AUD currency appreciated in relative to USD currency, the asset
depreciated in relative to USD currency, the asset value in AUD currency decreased. Management Discussion and Analysis For the Year Ended December 31, 2019 Page 10 3. Analysis of statement of financial position
business is operated under the management of JMT Network Services Public Co., Ltd., Property development is performed under the operation of JAS Asset Public Co., Ltd., Personal loan business is operated
Transaction Asset. The Company will submit the opinion of the Independent Financial Advisor to the shareholders for consideration together with the invitation to the Extraordinary General Meeting of
% of total assets. - Accounts Receivable As of November 30, 2019, the Company has gross accounts receivable of 89,826 million baht (both current assets and non-current assets), increasing 9% from as of
same period of 2016. This was as the results of the increase in dividend received from investment in REITs and REIT management, in tandem with the growth in asset size. Other income comprised of
to obtain a customer contract shall be recorded as an asset and amortized to expenses on a basis that is consistent with the pattern of revenue recognition. Under the previous accounting policy, the
year continually. 4. Property Development Business JAS Asset Public Company Limited ("JAS"), engaging in real estate development business, which the Company holds 67.5% of shares and has a net profit of