CFRESH Reports THB128 Million Deficit in Bottom Line over FX Loss in 3Q24

Seafresh Industry Public Company Limited (SET: CFRESH) has announced its 3Q24 consolidated financial statement through the Stock Exchange of Thailand as follows:

Quarter 3Q24 3Q23
Net Profit (Loss)

Million Baht

-128.07 20.64
Earning Per Share

(Baht)

-0.1381 0.0222
% Change -720.57
9 Months 2024 2023
Net Profit (Loss)

Million Baht

-51.39 38.67
Earning Per Share (Baht) -0.0554 0.0417
% Change -232.90

 

In 3Q24, CFRESH reported a net loss of THB 128.07 million, a decrease of THB 148.71 million or 720.57% from a net profit of THB 20.64 million in 3Q23. This was mainly due to a decrease in gain on exchange rates and forward contracts of THB 111.74 million which significantly impacted the performance in this quarter.

Total revenue during the quarter stood at THB 1,788.08 million, an increase of 198.21 million or 12.46% compared to the same period last year. Sales revenue was at THB 1,780.66 million, an increase of THB 202.48 or 12.83% compared to the same period last year.