Jas International Public Company Limited (SET: JAS) has announced its 2Q24 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 2Q24 | 2Q23 |
| Net Profit (Loss) Million Baht |
77.03 | -794.16 |
| Earning Per Share (Baht) |
0.0090 | -0.0920 |
| 6 Months | 2024 | 2023 |
| Net Profit (Loss) Million Baht |
102.22 | -1,669.19 |
| Earning Per Share (Baht) | 0.0120 | -0.1940 |
JAS reported a net profit of 77 million baht in 2Q24, an improvement from a net loss of 794 million baht in 2Q23. The increase was mainly due to higher revenue for the quarter and a one-time loss from discontinued operation that the company recognized in the second quarter of 2023.
Total operating revenue for 2Q2024 of the Company and its subsidiaries was 980 million Baht, increasing by 460 million Baht or 88% YoY. Meanwhile, operating expenses for 2Q2024 were 823 million Baht, decreasing by 220 million Baht or 21% YoY.
The company’s Board of Directors approved to increase in the company’s registered capital by THB 2,073,017,426, from the existing registered capital of THB 4,296,408,035.50 to THB 6,369,425,461.50, by issuing 4,146,034,852 newly issued ordinary shares with a par value of THB 0.50 per share to accommodate the issuance and offering of JAS-W4. Existing shareholders will receive allocation of JAS-W4 at a ratio of 2 shares : 1 Warrants.
