Britania Plc. (SET: BRI) has announced its 1Q22 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 1Q22 | 1Q21 |
| Net Profit (Loss) Million Baht |
352,485 |
130,679 |
| Earning Per Share (Baht) |
0.41 |
0.22 |
| % Change |
169.7 |
|
The company reported net profit for the first quarter 2022 of THB 352.5 million, accounted for 23. 8% of total revenues and increased by Baht 221.8 million or increased by 169. 7% from the same period of last year, which was in according to the business expansion plan.
For 3-month period of 2022 and 2021, total revenues of the Group amounted to Baht 1,483.0 million and Baht 835.8 million respectively, increased by Baht 647.2 million or 77.4 percent, which was in according to the business expansion plan. Detail following as below,
Revenues from sales of real estate of the group 1Q22 amounted to THB 1,268.1 million, accounted for 85.5% from the total revenues, increased by Baht 433.4 million or increased by 51.9% from the same period of last year. Mainly, revenues from sales of real estate of the Group were from ownership transfer of housing development in existing 13 projects continued from year 2021. For 3-month period of 2022 the Group were also from ownership transfer of housing development in 5 new projects including 1) Britania Tiwanon-Ratchaphruek 2) Britania Praksa Station 3) Grand Britania Bangna-Suvarnabhumi 4) Grand Britania Nontaburi Station 5) Britania Ratchaphruek-Nakhon In Grand Total 18 projects.
Revenues from project management consists of revenues from project management, revenue from sales and marketing management and revenue from administrative management from joint ventures. For 3-month period of 2022, revenues from project management amounted to Baht 68.6 million, accounted for 4.6% from the total revenues.
