Report of operating result of Q1/2024

Report of operating result of Q1/2024

In 1Q24, the Company posted THB 1,408.20 million in sales, increased by THB 142.19 million or 11.23% from the same period last year. Majority of sales (58.50%) came from exports to international markets and sales from foreign subsidiaries of the Company (Myanmar, United Kingdom and Australia).

Cons 47%, Flexs 26%, Paper 6%, and Others 21% of Total revenue in 1Q24.

Cost of Sales of 1Q24 was THB 1,168.29 million, increased from prior year THB 46.05 million or 4.10%. SG&A in 1Q24 increased from the same period last year by 29.53% from THB 102.39 million to THB 132.63 million.

The Company recorded its profit at THB 79.71 million increased THB 56.76 million from the same period of last year.

EBITDA increased by THB 49.26 million or by 42.93% YoY. The Company intends to increase profitability by strengthen product mix and increasing utilization rate.