2023-08-09 07:44:00
SNNP reveals Q2/2023 net profit of 156.66 million baht, an increase of 35.3% from the same period last year. Due to growing sales – effectively managing the cost of selling expenses Ready to pay dividends at the rate of 0.232 baht per share XD 22 Aug.
SNNP reveals Q2/2023 net profit of 156.66 million baht, an increase of 35.3% from the same period last year. Due to growing sales – effectively managing the cost of selling expenses Ready to pay dividends at the rate of 0.232 baht per share XD 22 Aug.
Mr. Supachok Bumrungphan, Chief Executive Officer of Accounting and Finance, Srinanaporn Marketing Public Company Limited or SNNP reported through the Stock Exchange of Thailand (SET) that the operating results2nd quarter of 2023 net profitequal to 156.66 million baht, an increase of 2.7 million baht or 1.7% compared to the 1st quarter of 2023 and 40.9 million baht or 35.3% compared to the 2nd quarter of 2022 The increase in net profit was a result of the company’s continuous increase in sales. cost management Expenses for selling and managing with efficiency and effectiveness.
For the first six months of 2023, the company had a net profit of 310.7 million baht, an increase of 89.5 million baht or 40.5 percent compared to the same period of the previous year.
The Company’s revenue from domestic sales in the 2nd quarter of 2023 was 1,111.0 million baht and in the 1st quarter of 2023 was 1,093.8 million baht, an increase of 17.2 million baht or 1.6% and compared to the 2nd quarter of 2022. equal to 967.2 million baht, an increase of 143.8 million baht or 14.9% and revenue from overseas sales in the 2nd quarter of 2023 was 359.1 million baht and in the first quarter of 2023 was 326.4 million baht, an increase of 32.7 million baht or 100% 10.0 per cent and compared to the second quarter of 2022, equal to 356.3 million baht, an increase of 2.8 million baht or 0.8%.
For the first six months of 2023, revenue from domestic sales was 2,204.8 million baht and compared to 2022 was 1,865.8 million baht, an increase of 339.0 million baht or 18.2%. The first six months of 2023 was 685.5 million baht and compared to 2022 was 590.7 million baht, an increase of 94.8 million baht or 16.0%.
While the cost of sales in the second quarter of 2023 was 1,060.2 million baht. And in the 1st quarter of 2023, it was 1,019.7 million baht, an increase of 40.5 million baht or 4.0% and compared to the 2nd quarter of 2022, it was 978.0 million baht, an increase of 82.2 million baht or 8.4%, in line with the increase in sales. climb The ratio of cost of sales to revenue from sales in the second quarter of 2023 was 72.1 percent, a decrease compared to The same period last year was 73.9 percent.
For the first six months of 2023, the company’s cost of sales was 2,079.9 million baht, an increase of 279.2 million baht or 15.5 percent, and the cost of sales to sales revenue ratio was equal to 72.0 percent, a decrease compared to the same period of the previous year equal to 73.3 percent, which was a result of the growth in sales revenue, including effective cost management
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The company’s gross profit in the 2nd quarter of 2023 was 409.9 million baht, compared to the 1st quarter of 2023 was 400.5 million baht, an increase of 9.4 million baht or 2.4% and compared to the 2nd quarter of 2022 was 345.5 million baht. increased by 64.4 million baht or 18.7%. The company’s gross profit margin in the second quarter of 2023 was 27.9%, an increase compared to the same period of the previous year of 26.1% due to the appropriate management of raw material and packaging costs. According to the sustainability management policy in the supply chain
For the first six months of 2023, the company had a gross profit of 810.4 million baht, an increase of 154.6 million baht or 23.6 percent. equal to 28.0 percent, an increase of 1.3 percent when compared to same period last year at 26.7 percent
While the cost of sales in the second quarter of 2023 was 155.0 million baht, compared to the first quarter of 2023 was 149.4 million baht, an increase of 5.6 million baht or 3.8% compared to the second quarter of 2022, equal to 159.0 million. baht, a decrease of 4.0 million baht or 2.5%
For the first six months of 2023, the company had selling expenses of 304.4 million baht, an increase of 20.4 million baht or 7.2 percent compared to the same period last year. according to the increase in sales together with expenses related to new products launched in the first half of the year
Administrative expenses in the second quarter of 2023 were 60.7 million baht, an increase from the first quarter of 2023 and the second quarter of 2022 were 3.4 million baht and 9.9 million baht or 5.9% and 19.5% respectively. If Compared to the rate of administrative expenses per sales revenue in the 2nd quarter of 2023 was 4.1%, which was close to the 1st quarter of 2023 at 4.0% and compared to the 2nd quarter of 2022, equal to 4.0%. 3.8 an increase of 0.3 percent
For the first six months of 2023, the Company had administrative expenses of 118.0 million baht, an increase of 13.6 million baht or 13.1 percent compared to the same period last year. If compared to the rate of administrative expenses per sales revenue of the first six months equal to 4.1 percent, which is close to the same period of the previous year at 4.2 percent.
While the Board of Directors (Board) resolved to approve the dividend payment. At the rate of 0.232 baht per share by posting the XD sign 22 Aug. ’23
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