JAS Cuts Net Loss to THB228 Million in 2Q22 with Higher Revenue and Lower Costs

Jasmine International Public Company Limited (SET: JAS) has announced its 2Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;

Quarter 2Q22 2Q21
Net Profit (Loss)
Million Baht
-228.61 -904.92
Earning Per Share
(Baht)
-0.030 -0.110
% Change 74.74
6 Months 2022 2021
Net Profit (Loss)
Million Baht
-96.30 -1,154.63
Earning Per Share
(Baht)
-0.01 -0.13
% Change 91.66

JAS reported a net loss of 228 million baht in 2Q22, improved from a net loss of 904 million baht in 2Q21.

The total operating revenue of the Company for 2Q22 was 5,066 million baht, increasing by 216 million baht or 4% YoY. Meanwhile, cost of sales and services in 2Q22 was 3,259 million baht, decreased by 10% YoY due to the decrease in the rental fee according to the Rental Assurance Agreement, as a result of the change in the assumption of the discount rate and the rental rate of the provision for rental assurance in 2Q22.