Jmart Group Holdings Public Company Limited (SET: JMART) has announced its 3Q24 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 3Q24 | 3Q23 |
| Net Profit (Loss) Million Baht |
255.27 | 292.95 |
| Earning Per Share (Baht) |
0.1740 | 0.2020 |
| % Change | -12.86 | |
| 9 Months | 9M24 | 9M23 |
| Net Profit (Loss) Million Baht |
830.80 | -613.01 |
| Earning Per Share (Baht) | 0.57 | -0.42 |
JMART reported a net profit of 255.3 million baht for the third quarter of 2024, representing a decrease by 12.86% compared to the same period of last year. The decrease was mainly due to lower contribution from revenue from contracts made with customers, gain on credit from purchase of accounts receivable and insurance income. This resulted in a 2.8% decline in total income from sales and services, recording at 3,428 million baht.
However, for the nine-month period of 2024, net profit recorded at 830.8 million baht, an increase of 1,443.8 million baht or 235.5% from the same period last year. This increase was due to unrealized losses on other financial assets recorded in Q1 and Q2 of 2023, as well as the absence of shared losses from associated companies.
For the nine-month period of 2024, the net profit margin attributable to the Company’s shareholders stood at 8.1%, with earnings per share for the Company’s shareholders at 0.571 baht per share.
