a better working capital management to reduce the cost of fund. In Q1/2019 GC had a current ratio at 1.46 times compared to 1.43 times of ending 2018, a little bit increase resulting from the drop in

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

closed some non-profit branches. In this regard, the closing of ELEGA branches came from the strategic to close some branches that could not generate revenue and profit as target including to reduce the

proceeds at the end of 2005 and the working capital from deposits redemption at the beginning of 2006. This caused a better working capital management to reduce the cost of fund. In Q2/2019 GC had a current

cost of sales comparing to Quarter 2 in 2019 decreased as the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the

the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the six-month period ended 30 June 2019, the Company’s

depreciation caused by the investment in machinery to improve production efficiency, reduce cost of production in the future, and support more sales volume in the future. - Administrative expenses decreased by

(TFRS 15) to reflect deduction and show the net in revenue from sales, thereby causing the revenue from sales and gross margin, including the distribution costs, to reduce in value, although the net

2005 and the working capital from deposits redemption at the beginning of 2006. This caused a better working capital management to reduce the cost of fund. In Q2/2018 GC had a current ratio at 1.40 times

reinforce the Company’s liquidity and reduce the cost as well. 5 บริษัท เจ. เอส. พ.ีพร็อพเพอร์ตี ้จ ำกดั (มหำชน) J.S.P.PROPERTY PUBLIC COMPANY LIMITED 41/1 ถ.พระรำมที ่2 ซอย 54 แขวงแสมด ำ เขตบำงขุนเทยีน