ratio is 0.85 times and lowers than the same period last year. JAS Asset Management Discussion and Analysis, Q3/2019 Page 4/4 Forward Looking Currently, The Company is delivering the condominium units the

same period of the year 2016, as a result of unrealized loss from adjustment of fair value of investments and legal expenses. For nine-month period, the total administrative expense decreases in the

estate while the cost of infrastructure service decreases. ▪ In 2018, one subsidiary recognized the gain on disposal of investment in Ngam-Ngum 3 project for THB 14.56 million while no such gain in 2019

Baht 34.27 million or 67.6% due to the increase of gross premium written and increase of net retention while the commission and brokerage income decreases in the amount of Baht 10.32 million or 27.97%. 2

0.78 Million in comparison with the previous Q3/2016 net loss of Baht 10.83 Million a decreased of loss Baht 10.05 Million or 92.79%. The reasons for such decreases are:- - Sale increased from Baht

of Baht 4.32 Million an increase of loss Baht 2.15 Million or 49.77%. The reasons for such decreases are:- - Sale decreased from Baht 275.33 Million in Q2/2018 to Baht 266.36 Million in Q2/2019 an

information material which might affect to negative change in the price of DCON's share which were the fact that (1) the net profit in financial statements of 2016 significantly decreases because of

affect to negative change in the price of DCON's share which was the fact that (1) the net profit in financial statements of 2016 significantly decreases because of decreased revenue and increased

amount of Baht 164.52 million. This cost of the construction project is still in line with the Company's estimation. For other projects are still normal. 3. The total administrative expense decreases in

market which results to low selling price. Another factor is the appreciation of baht which reduces our export revenue when changing to Thai baht. And the effect of employee benefit, according to the new