BEAUTY Reports THB 115 Million Net Loss in 2024

Beauty Community Public Company Limited (SET: BEAUTY) has announced its 2024 consolidated financial statement through the Stock Exchange of Thailand as follows:

Year 2024 2023
Net Profit (Loss)

Million Baht

-115.82 -45.67
Earning Per Share

(Baht)

-0.039 -0.015
% Change -153.58

 

In 2024, BEAUTY recorded a net loss of THB 115.82 million, representing an increase of THB 70.15 million or 153.58% compared to the same period last year.

Total revenue was at THB 436.97 million which decreased by 0.91% from the same period last year (YoY). Revenue structure came mainly from the Retail shop 46.11%, Oversea 28.32%, Modern Trade 11.05%, E-commerce 9.78%, General Trade 2.44% and Other revenue 2.30% (Note: Oversea shops are operated by our partners which have been sold in a wholesale commercial conditions). The same store sales growth (SSSG) for the year 2024 declined by 2.07%.

Gross profit for the period was THB 194.26 million which decreased by 8.35% from the same period last year (YoY), with a gross profit margin of 45.37%, dropping from 48.88% seen last year.

Selling expenses were at THB 155.81 million which increased by 1.26% from the same period last year (YoY).

Additionally, the Board of Directors came to a resolution that the company would omit its dividend payout for the operations of last year.