15.03%, respectively. This decrease was related to a decrease in revenues in the 1st quarter and an increase in administrative expenses that related to preparation for the planned listing to the Stock

of gross profit of Baht 27.03 million, decrease of selling and administration expenses of Baht 6.30 million and increase of corporate income tax of Baht 6.23 million. The operating results of the

period ended December 31, 2018, resulted in decrease in net profit of Baht 16.49 million or 11.78% from the corresponding period of the previous year as the following details below: 1. Revenue from sales

, accumulated amount of 142.7 million baht, or 4.1% from the total revenues, a decrease of 275.5 million baht, or 65.9% compared on the same period from last year. 3. Gain on disposals of investment in

, Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 Income Jan - Jun2019 Jan - Jun2019 Increase (decrease) Million baht Percent 1. Stores, distributors and wholesale stores 35.63 43.53 (7.90

period was 339.5 million Baht a decrease by 2.3% from the same period last year. JAS Asset Management Discussion and Analysis, Q2/2019 Page2/4 Cost of Rental and Service Income The Company incurred rental

revenues) at THB 374.5 million, increased by THB 29.0 million or 8.4% from the same period of prior year. It was resulted to decrease in the gross profit by THB 13.2 million, resulted in the gross profit by

reason was employee salary increasing. Finance Cost The Company’s finance cost for the first quarter of 2018 equal to 27.8 million Baht, which was decrease 11.5 million Baht or 70.6% decrease. Net Profit

and equipment sourcing and import. Analysis of Financial Performance Revenues Business categories Operated by For the three-month period ended 31 March Changes Increase (Decrease) 2018 2017 THB mm % THB

, decreased by 1.48o/o when compared to the same period in the previous year, which had a total revenue of 40.42 million Baht. This decrease was attributed to lower domestic sales and lower revenue recognition