Ichitan Group Public Company Limited (SET: ICHI) announced its 2022 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Year | 2022 | 2021 |
| Net Profit (Loss) Million Baht |
642 | 547 |
| Earning Per Share (Baht) |
0.49 | 0.42 |
| % Change | 17.3 | |
In the year 2022, ICHI earned net profit of 641.6 million baht or equivalent to net profit margin of 10.1% of sales revenue, as compared to the previous year net profit earned 546.8 million baht or equivalent to net profit margin of 10.5% of sales revenue, net profit increased by 17.3% from the same period of the last year.
Sales revenue was 6,340.4 million baht, an increase of 21.3% from last year’s revenue of 5,228.3 million baht. Sales revenue increased by 1,121.1 million baht resulting from domestic sales increased by 25.8%, because of the growing domestic ready-to-drink tea market and adjustment of the company’s sales promotion plan to increase the distribution coverage on the other hand export sales decreased by 9.1%, because of the impact of the economic slowdown in partner trading countries.
