trending Market Intelligence /marketintelligence/en/news-insights/trending/9BKK-oBUk6MEkJGy_HSAXw2 content esgSubNav
In This List

Union Pioneer Q1 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Union Pioneer Q1 profit falls YOY

Union Pioneer PCL said its normalized net income for the first quarter amounted to 67 satang per share, a decrease from 71 satang per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 5.0 million baht, a decrease from 5.3 million baht in the year-earlier period.

The normalized profit margin increased to 3.3% from 3.1% in the year-earlier period.

Total revenue declined 9.0% year over year to 154.4 million baht from 169.7 million baht, and total operating expenses fell 9.2% year over year to 146.4 million baht from 161.2 million baht.

Reported net income decreased 14.1% on an annual basis to 6.7 million baht, or 89 satang per share, from 7.8 million baht, or 1.04 baht per share.

As of May 7, US$1 was equivalent to 33.59 baht.