SMART Reports a ฿22M. Deficit in 2018, Narrowing the Loss from Last Year’s ฿74M.
SMART lowers its loss in 2018 to ฿22 million baht from last year’s ฿74 million of loss.
Smart Concrete Public Company Limited (SMART) has reported its consolidated financial statement yearly 2018 through the Stock Exchange of Thailand as Follows:
For the year 2018 ended December 31, 2018, SMART had a net loss of THB 22.932 million, decreased by THB 51.244 million or 69.08% decrease as opposed to the net loss of THB 74.176 million in the same period of previous year.
The reason that caused SMART to lower its deficit was due to the increase in quantity and selling price comparing to the last year as affecting the increase in gross profit and earnings (loss) before interest tax and depreciation of SMART and decreasing in a net loss.
