Jasmine International Public Company Limited (SET: JAS) has announced its 1Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 1Q25 | 1Q24 |
| Net Profit (Loss)
Million Baht |
176.13 | 25.19 |
| Earning Per Share
(Baht) |
0.0210 | 0.0030 |
| % Change | 599.26 | |
During the first quarter of 2025, JAS reported a net profit of THB 176 million, representing an increase of approximately 600% compared to the same period last year. However, the figure exhibited a decline of 7% quarter-on-quarter, due to a higher recognition of deferred tax assets in the previous quarter compared to this quarter, leading to a lower net profit, despite continued improvement in core operating performance.
The company recorded total operating revenue of THB 1,059 million in 1Q25, representing a 12% increase from the same period last year. This growth was supported by consistent revenue from sales and services, along with the recognition of gains from the sale of digital assets.
Cost of sales and services decreased by 3%, and selling and administrative expenses declined by 19% YoY, mainly due to the Group’s business restructuring efforts and continued improvements in cost and operational efficiency.
Total operating profit during the period was at THB 277 million, increased by 502% QoQ and 152% YoY. EBITDA totaled THB 324 million, rising by 79% QoQ and 87% YoY. This growth reflects the stability of core business revenue, combined with enhanced cost control and management efficiency, resulting in a more optimized cost structure. Performance was further supported by gains recognized from the sale of digital assets.
The Group continues to expand its investment in the Media and Content Business through the acquisition of exclusive broadcasting rights for the English Premier League and FA Cup matches in Thailand, Laos, and Cambodia for a period of six seasons. This represents a key strategic investment with the objective of generating revenue through live broadcasts, advertising, and partnerships across various business sectors. Live content will be broadcast via Monomax application, which serves as the primary distribution channel for all matches. The service allows access across multiple devices—including smartphones, tablets, smart TVs, Android TV boxes, and Apple TV—aligned with today’s digital media consumption behaviors.
