Ichitan Group Public Company Limited (SET: ICHI) has reported its 1Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 1Q22 | 1Q21 |
| Net Profit (Loss) Million Baht |
103.93 | 121.58 |
| Earning Per Share (Baht) |
0.08 | 0.09 |
| % Change | 14.5 | |
In 1Q22, ICHI has earned net profit of THB103.9 million or equivalent to net profit margin of 7.2%, as compared to the same period of previous year that earned net profit of THB121.6 million or equivalent to 9.4% of sales revenue, as a result net profit decreased by 14.5% from the same period of previous year.
Sales revenue for the period was THB1,442.3 million, increasing by 12.0% from the same period of previous year that had earn at THB1,287.8 million. Sales revenue increased by 154.5 million baht on the back of domestic sales increased by 17.5% of RTD tea, on the other hand export sales decreased by 23% because of the economic slowdown in partner trading countries.
