RATCH Group Public Company Limited (SET: RATCH) has announced its 2021 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Yearly | 2021 | 2020 |
| Net Profit (Loss) Million Baht |
7,772.022 | 6,286.678 |
| Earning Per Share (Baht) | 5.36 | 4.34 |
| % Change | 23.6 | |
RATCH reported a net profit of THB7,772.02 million in 2021, increasing from the previous year by THB1,485.34 million or 23.6 percent. The increase is mainly owing to the increase in the share of profit of associates and joint ventures.
Revenue from sales and rendering of services was THB35,231 million, increasing THB3,578 million or 11.3 percent from the same period last year. Meanwhile, the share of profit of associates and joint ventures was THB5,902 million, increasing THB1,302 million or 28.3 percent from the same period last year.
In addition, in 2021, RATCH recorded gain on FX. The main reason was from JPY Bond. As JPY depreciated relative to USD, the liability value in JPY decreased. Likewise, the company recorded gain on FX in 2020. The main reason was from loans to related parties in AUD. As AUD appreciated relative to USD, the asset value in AUD increased.
