funds speculation and global sugar supply forecasted to be surplus in 2018. As a result, the Company recorded average export price increase from 16,557 THB/ton to 14,792 THB/ton or decreased by 11
cent/lb at the beginning of 2018 due to global sugar supply is surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global
illion baht, baht. The million baht ny’s lower enses and ws: were 179.9 2017, the e from the Jas Urban have more d. 4.2 million the rental As C T T T To Lia Tra Managem Jas Asset and ser 31.1 pe Gross P
net profit w ncial cost. T es Income e income fo cond quarte d of 2017 wa million or 28 as Urban S Service Inc urred rental han the sec r 6 month e and Analysis, Discussion a hange of Th lic Compan he
building and the capitalization of our software as we introduced more features. Cash surplus increased by 23.20 mb or 26.3% due to cash flow generated from operation and good working capital management. (b
, interest income from convertible bonds, as well as return from investing surplus cash in money market products. Cost of Services Our cost of service increased by 43.87mb or 16.4% to 332.39mb (2018: 285.52mb
surplus cash in money market products. Cost of Services Our cost of service increased by 20.30mb or 27.7% to 93.71mb (Q1 2019: 73.41mb) . The growth in cost of services was in line with the 35.2% growth in
12.26mb ( Q3 2018: 5.66mb) as a result of realized gains on investments, interest income from convertible bonds, as well as return from investing surplus cash in money market products. Cost of Services Our
sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year but the Company