Sabina Public Company Limited (SET: SABINA) has reported its 1Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;
Quarter | 1Q22 | 1Q21 |
Net Profit (Loss) Million Baht |
101.59 | 78.39 |
Earning Per Share (Baht) |
0.29 | 0.23 |
% Change | 29.6 |
In 1Q22, SABINA’s net profit amounted to THB 101,6 million, an increase of +29.6% from 1Q21, as the company was able to achieve sales growth of +7.7% across all sales channels compared to 1Q21.
The total revenue was Baht 724.0 million, increased +7.7% from 1Q21 and decreased -9.9% from 4Q21. In 1Q22, the revenue from sales and service was THB 720.6 million, increased +8.3% from 1Q21 and decreased -9.9% from 4Q21.
The gross profit margin was 49.0% under the heavy omicron epidemic situation in mid February to March, including military operations between Russia and Ukraine, which affects the slowdown in consumer spending.