BJC Records 150% Increase in 3Q22 Earnings with Strong Packaging and Retail Businesses

Berli Jucker Public Company Limited (SET: BJC) has announced its 3Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;

Quarter 3Q22 3Q21
Net Profit (Loss)
Million Baht
932.35 367.14
Earning Per Share
(Baht)
0.2300 0.0900
% Change 153.95
6 Months 2022 2021
Net Profit (Loss)
Million Baht
3,381.69 2,202.21
Earning Per Share (Baht) 0.84 0.55
% Change 53.56

BJC reported a net profit of THB 932 million in 3Q22, increased 153% from a net profit of THB 367 million in 3Q21.

The company stated that total revenue for 3Q22 reached THB 40,283 million, representing an increase of THB 3,361 million or +9.1% over the same period last year. This increase was due to the consolidated sales and service revenue increasing to THB 36,874 million, an increase of THB 2,408 million or +7.0% over the same period last year, due to increasing sales at Packaging, and Modern Retail Supply Chains. Whilst the consolidated other income reached THB 3,367 million, an increase of THB 978 million or +40.9% over the same period last year, mainly driven by increasing other income at Modern Retail Supply Chain mainly due to the increasing rental income driven by higher occupancy rates and lower average discount provided to tenants when compared with the same period last year.