News Detail
Date/Time
11 Nov 2019 17:08:00
Headline
Management Discussion and Analysis Quarter 3 Ending 30 Sep 2019
Symbol
JTS
Source
JTS
Management Discussion and Analysis Company name : JASMINE TELECOM SYSTEMS PUBLIC COMPANY LIMITED Year : 2019 Quarter : Quarter 3 Ending : 30-Sep-2019 Note : [ TRANSLATION ] Our Ref. JTS/CS-013/2562 November 11, 2019 Subject : Report on the Company's operating results of the third quarter of the year 2019 To : President of the Stock Exchange of Thailand The Board of Directors' Meeting No. 7/2019 of Jasmine Telecom Systems Public Company Limited (the "Company") held on November 11, 2019, has resolved to approve the consolidated financial statements for the third quarter of the year 2019, ended September 30, 2019, that have been accordingly reviewed by the Company's external auditor and by the Audit Committee at the meeting No. 5/2019 held on November 11, 2019. Also, on this occasion, the Company would like to report its operating results as detailed below:- 1. Total Revenue The total operating revenue of the Company and its subsidiary for the third quarter of the year 2019 was Baht 26.97 million, decreasing by Baht 14.16 million or 34.43% when compared to that of Baht 41.13 million in the third quarter of the year 2018. The total revenue comprised:- - The revenue obtained from Telecom Systems Integration and Telecom Service business of Baht 11.75 million; - The revenue obtained from Computer Systems Integration business and Cloud Computing business of Baht 13.09 million; - Other revenue of Baht 2.13 million. 2. Cost of Sales and Services, Selling and Servicing Expenses and Administrative Expenses The cost of sales and services, the selling and servicing expenses and the administrative expenses of the Company and its subsidiary for the third quarter of the year 2019 was Baht 22.86 million, decreasing by Baht 11.01 million or 32.51% when compared to that of Baht 33.87 million in the third quarter of the year 2018. 3. Operating Profit The operating profit of the Company and its subsidiary for the third quarter of the year 2019 was Baht 3.01 million, decreasing by Baht 2.50 million or 45.37% when compared to that of Baht 5.51 million in the third quarter of the year 2018. 4. Net Profit The operating profit of the Company and its subsidiary for the third quarter of the year 2019 was Baht 3.01 million; this amount included by the exchange gain of Baht 0.11 million, resulted in the record of the net profit of the Company and its subsidiary for the third quarter of the year 2019 of Baht 3.12 million, decreasing by Baht 2.97 million or 48.77% when compared to the net profit of Baht 6.09 million in the third quarter of the year 2018. Please be informed accordingly. Sincerely yours, Jasmine Telecom Systems Public Company Limited. [Pleumjai Sinarkorn] (Mr. Pleumjai Sinarkorn) Chairman of the Board of Directors This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.