of 31% YoY. Selling expenses to sales reduced to 9% from 12% in Q1/2019 due to efficiency selling expense cut and control. 47% 46% 44% 37% 43% 53% 54% 56% 63% 57% 25% 30% 35% 40% 45% 50% 55% 60% Q1/19
and Equipment 151.7 6.1% 130.8 5.7% -20.9 -13.8% Leasehold rights and buildings 1,330.8 53.3% 1,284.4 55.8% -46.4 -3.5% JAS Asset’s Management Discussion and Analysis for FS2018 Page4/5 31-Dec-17 31
level. We also had to cut costs in all areas, suspend our investment plan and reserve cash to maintain a strong finance position during the crisis. Cost of Sales and Gross Profit The gross profit margin
(excluding equipment rental) of 45.2% , up from 44.7% in FY17. With continued network investment, net profit was reported at Bt29,682mn, slightly declining 1.3% YoY. For FY19, AIS expects to grow mid- single
unused machineries sold. The significant other income is income from scrap sales which are the results from the processing of cold rolled stainless steel sheet and coil such cut to length as per customers
clear-cut regulations to accommodate business operation and service provision in the form of partnership so that business operators will be able to run their business according to their expertise and take
of cold rolled stainless steel sheet and coil such cut to length as per customers’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of
materially cut down sales expenses from the previous year in alignment with the drop in sales revenue. Nevertheless, some of the sales expenses took time to adjust and did not fully reflect the slowdown in
were the results from the processing of cold rolled stainless steel sheet and coil such cut to length as per customers’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as
with some creditor, and the company gets extension for the repayment and interest hair cut so the company recorded gain from compromise. Selling expenses Total selling expenses of the Company and