other company of 70.00 Million Baht, provision for non-current liabilities for employee benefits of 0.25 Million Baht, decrease in Bank overdrafts and short-term loans from financial institutions of 0.87
last year which was due primarily to a tax provision amounting to THB 69.5 million we took in connection with a tax proceedings involving our Nguyen Kim joint venture in the year ended December 31, 2018
of 20.67 Million Baht), Ua Withya Public Company recorded provision from project work burdened of 64.69 Million Baht due to vary in price of raw materials from the date of proposed to customers, more
million Baht or 64.0. The major reason was the provision for anticipated credit losses. Management Discussion and Analysis, Q1/2020 Page 3/4 JMT Network Services Public Company Limited Finance Cost The
and condominiums in comparison with the same quarter of 2019, due to the strict control from Bank of Thailand regarding additional conditions of loan provision for the purchase of real estate and the
from the year 2018, partly due to the Bank of Thailand’s measures which increased the conditions in loan provision for real estate purchases and foreign customers are greatly reduced 3.3 Sales and
million baht, accrued income tax of 4.04 million baht, liabilities under lease agreements 3.74 million baht and non- revolving provision for employee benefits at 0.47 million baht incorporate with a
0.74% to (2.53%) An decrease in net profit is mainly contributed by the unrealized loss from fair value assessment of financial assets during Q3/2020 at THB 71.63 million and provision of obsolete stock
year. The increase in the overall gross profit margin was mainly driven by the reversal of provision for obsolete and slow-moving inventory, the increase in house brand revenue contribution in