3M2025 Results
1Q25 Sales were at THB 4.3bn, which increased by 5.5% YoY, driven by increased demand from key customers and global brands, especially in the U.S. market. Gross profit margin was at 24.1%, decreasing from 25.7% in 1Q24 due mainly to lower sales of premium products, higher overhead, depreciation and FX impact. 1Q25 Net profit was at THB 676.9mn, decreased by 17.6% YoY and the company started new projects in U.S. market with $37mn sales value expected in 2025 and the transformation project is expecting to see more OP uplift during second half of the year.
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