trending Market Intelligence /marketintelligence/en/news-insights/trending/MejKRIuuJVXMxpf48wYJQA2 content esgSubNav
In This List

Bangkok Ranch Q1 profit falls YOY

Blog

Banking Essentials Newsletter 2021: December Edition

Blog

Discovery+ dives into a crowded US OTT video market

Case Study

An Investment Manager Discovers an Efficient Way to Identify Valuable Data

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings


Bangkok Ranch Q1 profit falls YOY

Bangkok Ranch Public Company Ltd said its first-quarter normalized net income amounted to 20 satang per share, a decline of 6.8% from 22 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 138.6 million baht, a decrease of 6.8% from 148.7 million baht in the year-earlier period.

The normalized profit margin declined to 6.7% from 7.0% in the year-earlier period.

Total revenue decreased year over year to 2.06 billion baht from 2.12 billion baht, and total operating expenses declined on an annual basis to 1.78 billion baht from 1.83 billion baht.

Reported net income decreased 7.5% on an annual basis to 181.4 million baht, or 26 satang per share, from 196.1 million baht, or 29 satang per share.

As of July 14, US$1 was equivalent to 34.03 baht.