Shruti GautamTLDR:
- In 2023, Jasmine International and Jasmine Technology Solution reported significant financial recoveries through strategic disposals and technological innovations like Generative AI and clean energy.
- JTS plans to develop a State-Of-The-Art Generative AI Large Language Model, while JAS focuses on Generative AI, clean energy, and the health sector.
In 2023, Jasmine International and Jasmine Technology Solution, two companies under the Jasmine banner, experienced impressive financial turnarounds amidst technological advancements and financial upheavals. Jasmine International reported a net profit of 19,837 million baht, primarily driven by the sale of assets and increased revenues from its segments. Operating expenses rose, leading to a decision to skip dividend payments. On the other hand, Jasmine Technology Solution saw a 106% profit increase attributed to revenue growth in its telecommunications and internet service segment.
Looking towards the future, both companies are focusing on Generative AI, with JTS planning to develop a Generative AI Large Language Model for the Thai language. This innovation aims to revolutionize customer engagement across various industries. Additionally, JTS is also planning to use alternative energy sources for Bitcoin mining to reduce operational costs and environmental impact.
With a strategic focus on Generative AI, clean energy, and the health sector, Jasmine International and Jasmine Technology Solution are committed to enhancing shareholder value and driving future growth and innovation in their industries. By embracing these futuristic technologies, they are setting a precedent for industry-wide innovation and financial prosperity.
