Report of operating result of Q3/2024 (Summary)

Report of operating result of Q3/2024

In 3Q24, the Company posted THB 1,475.63 million in sales, increased by THB 229.55 million or 18.42% from the same period last year. Majority of sales (58.75%) came from exports to international markets and sales from foreign subsidiaries of the Company (United Kingdom and Australia).

Cons was 46%, Flexs was 26%, Paper was 7%, and Others was 21% of Total revenue in 3Q24.

Cost of Sales of 3Q24 was THB 1,278.83 million, increased from prior year THB 203.40 million or 18.91%, resulted from Sales growth and higher raw material price.

The Company recorded its profit at THB 28.67 million decreased from THB 54.58 million in the same period of last year.

In 3Q24, the Company booked a loss for the period from discontinued operations of TPBIMS in Myanmar at THB 27.29 million and a loss on foreign exchange rates, which caused from the high volatility of Thai Baht, at THB 18.87 million. In normal circumstances without these 2 events, the Company would be able to have a net profit of THB 74.83 million.

EBITDA decreased by THB 16.15 million or by 11.55% YoY. This was also caused by the above mentioned 2 events, same as this quarter’s net profit.