JAS’s 1Q19 Profit Shrink 26% from the Record of Additional Debts worth ฿176M.
JAS's profit in 1Q19 decreased by 26% to THB 559 million the lower FX gain and the record of additional debts from litigations of THB 176 million.
Jasmine International Public Company Limited (JAS) has reported its 1Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:
JAS record a net profit for the first quarter of 2019 at THB 559 million, decreased 26.16% from a net profit of THB 757 million in the first quarter of 2018. The decrease was mainly due to the FX gain of THB 151 million that declined from THB 320 million in the same quarter last year, and also the record of additional debts from litigations of THB 176 million which appeared under Administrative Expenses.