% change Profit (loss) from operating activities before changes in operating assets and liabilities 94 30 +215% Profit (loss) from changes in operating assets and liabilities (48) 77 -162% Net Cash flows
(Times) 2.14 2.00 Cash Flow (Unit: Baht Million) 31/3/2019 31/3/2018 % Change Profit (loss) from operating activities before changes in operating assets and liabilities 37 84 -56% Profit (loss) from
-bearing Debt to Equity (Times) 2.14 2.00 Cash Flow (Unit: Baht Million) 31/3/2019 31/3/2018 % Change Profit (loss) from operating activities before changes in operating assets and liabilities 40 84 -52
profit margin 17.66% 8.28% 46.23% 15.47% Change EN MS SE TD Total Revenue (17.80) 14.42 0.74 94.96 92.32 Gross profit (94.87) (2.16) 2.88 13.15 (81.00) Gross profit margin -13.48% -0.44% 1.99% 13.85% -5.70
% Allowance (reversal of allowance) for impairment of assets 5.6 0.8% -3.6 0.0% -9.2 -163.6% JAS Asset’s Management Discussion and Analysis for FS2018 Page2/5 2017 2018 Change MB % MB % MB % Profit before
Operation : Consolidated Profit & Loss Statement 4Q 4Q % 12 mth 12 mth % Unit : THB million 2019 2018 change 2019 2018 change Revenue from non-social security 285.64 220.70 29% 1,041.26 911.16 14% Revenue
(reversal of allowance) for impairment of assets 0.8 0.1% 5.6 0.8% 4.8 600.0% JAS Asset Management Discussion and Analysis for FS2017 Page2/4 2016 2017 Change MB % MB % MB % Profit before Expenses 106.0
% 5.6 0.8% 4.8 600.0% JAS Asset Management Discussion and Analysis for FS2017 Page2/4 2016 2017 Change MB % MB % MB % Profit before Expenses 106.0 18.9% 184.3 24.7% 78.3 73.9% Selling Expenses 43.5 7.7
income 47.5 29.2 18.3 62.7 Interest incomes 9.7 12.8 (3.1) (24.2) Profit (loss) from financial instruments (586.6) 64.2 (650.8) n/a - Profit (loss) from change of fair value of investments (unrealized
, a 89.8% decrease from 1Q2019. (Unit : Million Baht) Consolidated Financial Statements 1Q'20 1Q'19 % Change Total Revenue 430.3 459.4 -6.3% Gross Profit 136.5 183.4 -25.6% Normalized Share of Profit