raising complete the Company expected to Management Discussion and Analysis Q1/2019 Page 4/4 JAS Asset Public Company Limited reduce it interest expense and re-balance its the capital structure to fit with
%). This promising growth was due to more subspecialties as well as capacity expansion. OPD increased by 3 units and IPD increased by 17 units yoy. Number of OPD patients remained on the rise while revenue
, equivalent to 13.1% of total revenue from sales. The company has a lower gross margin comparing to the same period from 15.0% to 10.4% because the higher cost of the steel-coil price as well as the problem of
retail shop since all branches of Can do had been closed since the end of Year 2018 as well. At the present, the Company has the proportion of revenue between export sales and domestic sales equivalent to
2019 due to gradually paying off some balance of debt from the finance institution. Shareholder’s equity The Company’s shareholders equity as of the year end 2018 and Q2/2019 amounted to THB 757.2 MB and
from the previous year-end. The major liabilities were short-term loans from financial institutions and trade accounts payable. The ending 2018 balance of short-term loan was Baht 606 million versus 591
distressed debt equal to 1,235 million baht in the 1st half of 2019. The outstanding balance of purchased account receivable stood at 148,091 million baht which remark as a No.1 in distress debt under
patients stemming from the epidemics (Rotavirus and Influenza) as well as weather change. Cost of Hospital Operations Cost of hospital operations in 1Q’18 increased by 13% yoy which was at lower rate than
liabilities. The decrease for long term loan due to gradually paying off some balance of debt from the finance institution. Shareholder’s equity The company’s shareholder’s equity as of the year end 2017 and Q1
in financing activities was Baht 766.71 million due to repayment of bank loans. As a result, net cash increased by Baht 401.91 million from the beginning balance. Net-Debt-to-Equity ratio as of March