trending Market Intelligence /marketintelligence/en/news-insights/trending/AdSW7StJ7bT8r9o4Mnd3Ww2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Sub Sri Thai swings to profit in Q1


Climate Credit Analytics: Linking climate scenarios to financial impacts


What’s next in Cloud?


Global M&A Infographic Q1 2021


COVID-19 Impact & Recovery: Private Equity

Sub Sri Thai swings to profit in Q1

Sub Sri Thai Public Company Ltd said its normalized net income for the first quarter amounted to 1.2 million baht, compared with a loss of 7.4 million baht in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin rose to 0.1% from negative 1.0% in the year-earlier period.

Total revenue climbed 5.9% on an annual basis to 812.6 million baht from 767.6 million baht, and total operating expenses increased from the prior-year period to 794.4 million baht from 763.4 million baht.

Reported net income came to a loss of 4.7 million baht, or a loss of 1 satang per share, compared to a loss of 17.5 million baht, or a loss of 4 satang per share, in the prior-year period.

As of May 13, US$1 was equivalent to 35.48 baht.