Srisawad Corporation Public Company Limited (SET: SAWAD) has announced its 3Q24 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 3Q24 | 3Q23 |
| Net Profit (Loss) Million Baht |
1,300.63 | 1,387.30 |
| Earning Per Share (Baht) |
0.8600 | 1.0100 |
| % Change | -6.25 | |
| 9 Months | 9M24 | 9M23 |
| Net Profit (Loss) Million Baht |
3,826.79 | 3,734.06 |
| Earning Per Share (Baht) | 2.53 | 2.72 |
| % Change | 2.48 | |
SAWAD reported a net profit of 1,366 million Baht (including non-controlling interests) in 3Q24, compared to the net profit after deducting an extraordinary item of 1,200 million Baht in the same quarter of the previous year. This represents an increase in net profit of 166 million Baht. However, compared to the net profit before deducting an extraordinary item, there is a decrease in net profit of 58 million Baht, or 4.07%.
In the third quarter of 2024, total revenues totaled 5,273 million Baht, compared to total revenues after deducting an extraordinary item totaling 4,972 million Baht representing an increase for 301 million Baht, or 6.05%. However, compared to the total revenue before deducting an extraordinary item, there is a decrease in total revenue of 21 million Baht, or 0.40%.
In the third quarter of 2024, the expected credit loss totaled 487 million Baht, an increase of 171 million Baht compared to the same quarter of the previous year. This increase was due to the increase in provision for expected credit loss from hire-purchased loan.
