trending Market Intelligence /marketintelligence/en/news-insights/trending/FJW1e5Ewz53TFsCKQcn3MQ2 content esgSubNav
In This List

Modernform Group 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


Modernform Group Q1 profit falls YOY

Modernform Group PCL said its first-quarter normalized net income was 8 satang per share, a decrease of 23.6% from 10 satang per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 59.9 million baht, a decline of 23.6% from 78.4 million baht in the prior-year period.

The normalized profit margin dropped to 5.7% from 6.3% in the year-earlier period.

Total revenue climbed year over year to 1.29 billion baht from 1.24 billion baht, and total operating expenses rose 5.8% from the prior-year period to 1.17 billion baht from 1.10 billion baht.

Reported net income fell 20.7% year over year to 81.1 million baht, or 11 satang per share, from 102.2 million baht, or 14 satang per share.

As of May 12, US$1 was equivalent to 33.74 baht.