SISB Public Company Limited (SET: SISB) has announced its 3Q24 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 3Q24 | 3Q23 |
| Net Profit (Loss) Million Baht |
218.23 | 128.53 |
| Earning Per Share (Baht) |
0.2300 | 0.1400 |
| % Change | 69.78 | |
| 9 Months | 2024 | 2023 |
| Net Profit (Loss) Million Baht |
639.88 | 442.99 |
| Earning Per Share (Baht) | 0.6800 | 0.4700 |
| % Change | 44.44 | |
SISB reported a net profit of THB 218.23 million in Q3’2024, with net profit margin at 36.01% (up approx 10% points YoY), an increase from the same period of previous year of THB 128.53 million. The increase in net profit was due to the increase in the total revenues and most administrative expenses of the Company are fixed. Additionally, the in- crease in net profit was from one-time pre-operating costs and expenses of THB 25.83 million associated with new schools opening in Q3’2023.
Revenues from sales and services of the company for 3-month period ended 30 September 2023 and 2024 were THB 477.57 million and THB 595.63 million respectively. Revenues from sales and services consist of Tuition fees and services income and Education equipment income which accounted for 99.00% and 1.00% of revenues from sales and services in 3-month period 2024 respectively.
As of September 30, 2024, SISB has 4,587 students in total, an increase by 462 students from the same period of last year.
