operating loss in the second quarter, it would be considered as a period of adjustment for an operating strategy to normalcy. However, the group continues to support JAS Asset due to its business still has
products through Dealer and Franchise channels to ensure Dealers and Franchises had adequate inventories. However, in 2022, the demand for IT products began returning to normalcy. Concurrently, the Company
decrease in revenue to retain business normalcy in current situation. Hence, the administrative expenses to total revenue ratio stood at 15.9%, which is lower than the same period of previous year at 16.6
. The Company demonstrated prudent cost control measures to be in-line with a decrease in revenue to retain business normalcy in current situation. The administrative expenses to total revenue ratio stood
interest payment offered to SME business and retail customers. Also, amid the prevailing economic pressures, it may take some time before economic activity in several sectors can return to normalcy. Hence