Ichitan Group Public Company Limited (SET: ICHI) has announced its 3Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 3Q22 | 3Q21 |
| Net Profit (Loss) Million Baht |
192.23 | 128.26 |
| Earning Per Share (Baht) |
0.1500 | 0.1100 |
| % Change | 49.88 | |
| 9 Months | 2022 | 2021 |
| Net Profit (Loss) Million Baht |
448.71 | 414.13 |
| Earning Per Share (Baht) | 0.3500 | 0.3200 |
| % Change | 8.35 | |
ICHI reported a net profit of 192 million baht in 3Q22, increased 49.88% from a net profit of 128 million baht in 3Q21.
In the third quarter of 2022, the company recorded sales revenue of 1,664 million baht, which increased by 505 million baht or 43.6% from the same period of last year. Domestic sales increased by 51.7% from growing domestic ready-to-drink tea market and adjustment of the company’s sales promotion plan to increase the distribution coverage. However, sales from exports decreased by 4.9% due to the impact of the economic slowdown in partner’s trading countries.
