fully install to gain full control of SACL (India). SAGUSA, the USA operation is now in receivership and all reasonable provisions have been made in 2019. The Company also acquired 100% of Sakthi Portugal
Discussion and Analysis of FS2018 Page 5/5 JMT Network Services Public Company Limited Forward Looking The Company is still confident to growth of business further. The factors that have impact on its business
year. This was due to the administrative expenses related to the bad debt reserve of personal loans decreased as well as control costs to be appropriate for the size of the subsidiary's business, causing
net profit is higher than Q4/2019 7.8 million Baht or increase 3.9%. An improvement of net profit form the same period last year is contributed from efficiency of debt collection and expenses control
January 2020. Decrease in inventory of 174.38 million baht due to the delivery of the work to the customer and the management of control is tighter Other current financial assets increased by 101.37
expenses control policy during pandemic of COVID-19. The operating results of the separated financial statement for the 9-month period ended September 30, 2020, resulted in increase in Net profit of Baht
decelerated of marketing activities as well as a decrease in space of property expenses. However, the Company still maintained effective operating cost control with cost to income ratio at 38% of total revenues
take good care of customers to help them withstand the economic crisis and move forward to the “New Normal”, while maintaining close control of credit underwriting and risk management. The Bank also set
to mid-single digit decline. EBITDA (pre- TFRS16) stood at Bt76,619mn, decreased –2. 7% YoY with focusing on cost control and in- line with low single digit decline EBITDA guidance. Net profit ( pre
disposal of entities under common control - 0.0% 73 0.1% (73) (100.0%) Share of profit of associates and joint ventures 78 0.1% 96 0.2% (17) (18.2%) Profit from continuing operations before finance and tax