Sri Tran Gloves (Thailand) Public Company Limited (SET: STGT) has announced its 2023 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Year | 2023 | 2022 |
| Net Profit (Loss) Million Baht |
152.69 | 1,652.05 |
| Earning Per Share (Baht) |
0.0500 | 0.5800 |
| % Change | -90.76 | |
STGT reported a net profit of 152 million baht in 2023, decreased 90.76% from a net profit of 1,652 million baht in 2022 with a net profit margin of 0.8%.
Total revenue in FY2023 amounted to THB 19,665.2 million, decreased THB 3,639.6 million or 15.6% YOY. Meanwhile, the ASP in FY2023 was THB 605 (USD 17.46) per 1,000 pieces, declining 24.2% YoY because of the ongoing oversupply situation.
Sales volume in FY2023 totaled 31,384million pieces, growing 8.9% YoY across all products, with NRPD growing at 7.8%, NRPF at 10.6% and NBR at 8.6%.
In addition, the Board of Directors approved a dividend payment of THB0.50 per share to be paid on 8 May 2024. The ex-dividend date is 18 April 2024.
