million 3. Management Discussion and Analysis 3.1 Sales and service income for the first quarter of 2018 has increased by Baht 160.36 million or 171.23% when compared to the same quarter of 2017 due to the
largely been completed. Income tax expense has decreased due to the lower EBITDA. Net income was up 5% due to a decrease in financing costs as interest rates have reduced which is positive and the lower tax
mall business. JAS Asset Public Company Limited ("JAS Asset") (Jaymart holds 74.9%) has been affected by reduced income due to the government's policy to close the lockdown in the end of March and April
recording revenue from TTW from share of profit to dividend income due to the reclassification of investment and there was no gain on sale of investment in this quarter. Cost of service amounted to Baht 1,821
production, as farm income has remained subdued due to falls in market prices. Nevertheless, overall domestic demand grew at a moderate pace, and durable goods consumption has slowly picked up. The performance
the year and from additional government measures to support low-income households, although these may gradually decrease. Private investment was also expected to slow down due partly to a decline in
from the second quarter of 2019. Net interest income increased by Baht 309 million due mainly to an increase in interest income from loans. Non-interest income fell by Baht 1,239 million from lower
. Private consumption has tended to slow down due to lower income and employment rate, especially in the export sector. In addition, consumers' purchasing power is still affected by high household debt and
subsidiaries’ other income in the 2nd quarter of 2019 were Baht 1.27 million, which had decreased from the same quarter last year by Baht 4.15 million mainly due to interest income of promissory note amounting
same quarter last year by Baht 4.15 million mainly due to interest income of promissory note amounting to Baht 3.58 million which the Company’s received full principle repayment in 2018. Income of EIC