trending Market Intelligence /marketintelligence/en/news-insights/trending/4OsIF7MP0_X8LznWMjWfZw2 content esgSubNav
In This List

Karmarts Q2 profit climbs 8.6% YOY

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure


Karmarts Q2 profit climbs 8.6% YOY

Karmarts PCL said its normalized net income for the second quarter amounted to 5 satang per share, compared with the S&P Capital IQ consensus estimate of 5 satang per share.

EPS increased 11.7% year over year from 4 satang.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 39.6 million baht, a gain of 8.6% from 36.5 million baht in the prior-year period.

The normalized profit margin declined to 13.5% from 15.2% in the year-earlier period.

Total revenue grew 22.1% year over year to 293.3 million baht from 240.2 million baht, and total operating expenses climbed 25.7% year over year to 227.5 million baht from 181.0 million baht.

Reported net income increased 39.8% year over year to 64.6 million baht, or 7 satang per share, from 46.2 million baht, or 5 satang per share.

As of Aug. 11, US$1 was equivalent to 35.39 baht.