Report of operating result of Q2/2023

In 2Q23, the Company posted THB 1,249.37 million in sales, decreased by THB 439.03 million or 26.00% from the same period last year. Majority of sales (55.35%) came from exports to international markets and sales from foreign subsidiaries of the Company (Myanmar, United Kingdom and Australia).

Cons was 37%, Flexs was 26%, Paper was 11%, and Others was 26% of Total revenue in 2Q23.

Cost of Sales of 2Q23 was THB 1,094.94 million, decreased from prior year THB 417.90 million or 27.62%, resulted from lower raw material price.

The Company recorded its profit at THB 18.54 million decreased from THB 29.66 million in the same period of last year.  

EBITDA decreased by THB 22.25 million or by 17.83% YoY. The Company intends to increase profitability and sales by strengthen utilization rate and operating results of the Company.