HANA Microelectronics Public Company Limited (SET: HANA) has announced its 3Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;
Quarter | 3Q22 | 3Q21 |
Net Profit (Loss)
Million Baht |
416.64 | 563.78 |
Earning Per Share
(Baht) |
0.5200 | 0.7000 |
9 Months | 2022 | 2021 |
Net Profit (Loss)
Million Baht |
1,026.59 | 1,601.75 |
Earning Per Share (Baht) | 1.2800 | 1.9900 |
% Change | -35.91 |
Net Profit in the third quarter of 2022 decreased 26% to THB 416 million from a profit in the third quarter of 2021 of THB 564 million, due to higher exchange loss in 3Q2022.
The sales revenue increased 21% year on year to THB 7.5 billion for the third quarter of 2022 from THB 6.2 billion for the third quarter 2021.
Earnings from Operations were 24% higher at THB 864 million in the third quarter of 2022 compared to THB 696 million in the third quarter of 2021.
The Gross Profit margin decreased 1 percentage point to 15% in the third quarter of 2022 from 16% in the third quarter of 2021, despite higher revenue during the quarter due to higher material costs.
The Operating margin was similar at 11% in3Q2022 and 3Q2021, SG&A expenses were 10% higher in 3Q2022 than 3Q2021 due to higher salary and R&D costs.
The Board of Directors of HANA also approved a dividend payment of THB0.50 per share to be paid on December 14, 2022 with an ex-dividend date on November 29, 2022.