the same period of the previous year by 19.32 million baht which is in the same direction as income. Expenses include Cost of sales - real estate development business in the amount of 24.35 million baht

. Total expenses were 14.62 million baht, decreased from the same period of the previous year by 67.40 million baht which is in the same direction as income. Expenses include Cost of sales - real estate

from both Wattanapat Hospital Trang Public Company Limited and its subsidiary. The revenue from Out-patients department was inclined by 25.0%, at the same direction, In-patients department was increased

million baht. And the net profit of the faucet business is 1.00 million baht, indicating that the operation of palm oil trading business is in the direction that better 2. Gross profit in the amount of

increased as the target and the direction in the third and fourth quarters still support the growth of businesses Management Discussion and Analysis (MD&A) for Q2/2019 Page 2/7 Jaymart Public Company Limited

Jan - Mar 2019 Jan-Mar 2018 Increase (decrease) Million baht percent 1. Stores, distributors and wholesale stores 17.47 21.01 (3.54) (16.85) 2. Modern retail stores and department stores 54.53 47.94

Million baht and net loss of the business of 0.44 million baht, indicating that the operation of palm oil trading business has operating in the direction The good. 2. Gross profit amount 41.353 million baht

, As a results, gross margin has reduced to 22.0%, dropped from 25.4% from the same quarter of last year. Meanwhile, Gross profit of this quarter went up from last quarter in the same direction with

Component by Brand 3 The Company arranged marketing activities to draw customers and to maintain sales. Furthermore, the Company’s direction to grow house brand products, demonstrated higher proportionate in

is equal to 14.3%, which changed in the same direction of revenue. The major change was due to increasing of marketing and promotion expenses such as online advertisement and media, rental expenses and