to obtain a customer contract shall be recorded as an asset and amortized to expenses on a basis that is consistent with the pattern of revenue recognition. Under the previous accounting policy, the
year continually. 4. Property Development Business JAS Asset Public Company Limited ("JAS"), engaging in real estate development business, which the Company holds 67.5% of shares and has a net profit of
Equity (ROE) dropped to 10.75% and Return on Asset (ROA) was 5.80% which declined from Q1/2018 due to the increasing in total assets and shareholder’s equity. For the liquidity analysis, current ratio
million. (4) Other assets increased THB 12.44 million or 16.39%. As a result of rise of advance payment for purchased fixed asset of the subsidiary in order to be ready for their operation that will begin
record 2018. Disruption in the steel industry has caused volumes to drop year on year at key customers however, these issues are being resolved and with expected fixed asset investment and a new product
performance recovery by strict cost control and cost reduction management, ramping up asset utilization to manage fixed costs, stop additional investments, and most importantly focus on cash management to
million 6. Forward Looking In 2019 the Company and its subsidiaries will continue to focus on the performance recovery by strict cost control and cost reduction management, ramping up asset utilization to
domestic sales of 99.82 percent of total revenue from sales and services. 1.2 Other income Other income consists of interest income, gain from asset sales and revenue from scrap sales. For the year ended
that of 72.2 baht per share as of February 28, 2019. Debt to Equity ratio as of May 31, 2019 was stable at 3.8 times. Return on Equity (ROE) and Return on Asset (ROA) equaled to 21.3% and 4.4%, increased