DCORP 025/2020 May 13, 2020 Subject: Management Discussion and Analysis – Explanation of net profit for the quarter ended March 31, 2020 and the increase in the overall operations of more than 20 percent
expected to complete as scheduled by White Paper. After the system has actually been used, JVC shall be able to recognize revenue in the financial statements by the year 2019. 4. Hire purchase business
able to continuously generate cash sales in each branch. 3. Analysis of Operating Results Profit & Loss Statements (MB) for the Quarter 1 Ending 31 Mar +/(-) % 2019 2018 Revenues from sales and services
= NTA of investment in the Company x The disposition proportion x 100 NTA of the Company = (14.96 X 99.99996%) X 100 191.61 = 7.81% (2) Net Profit from Core Business after tax Transaction size = Net
of shareholding will cause the Company to have absolute control over the operation of COMASS and resulting in the Company be able to utilized the LED screens and billboards of COMASS in its full
conditions and increasing competition in the Japanese restaurant industry. Other brands such as AKA and On the Table were meanwhile able to maintain positive SSSG due to the strength of the brands and the
continued to grow well by c.20%. Net profit in Q2/2017 was Baht 61 million, a decrease of 57% YoY due to 1) higher cost per unit resulted from lower capacity utilization; 2) higher depreciation resulted
consumption) NNP = Normalized net profit O&M = Operations and maintenance P.A. = Per annum PEA = Provincial Electricity Authority (Thailand) PPA = Power purchase agreement PTT = PTT Public Company Limited SG&A
) (1,534.44) 511.79 33.35 Gross Profit (Loss) (65.56) 28.36 (93.92) (331.17) Sales & Administration Expenses and Financial Cost and Tax Expense (107.46) (108.80) (1.34) (1.23) Net Profit (Loss) (156.50) (72.32