BIG’s Profit Falls 49.45% to ฿106.12 million in 1Q19 from Low Sale Volume
BIG’s profit falls 49.45% to ฿106.12 million in 1Q19 from low sale volume
BIG Camera Corporation public Company (BIG) has reported its 1Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:
BIG recorded a net profit in the first quarter of 2019 at THB 106.13 million, compared with the same period of last year showing net loss THB 209.97 million. These all affect through the company earnings before tax, tax expenses and net income decreased by 49%. The sale and service decreased by 19%, the other support like incentive income decreased which reflect to the company other income decreased by 30%. The financial cost is increased about 500 thousand baht from the utilized of short-term loan from financial institution much more than the last year for working capital purpose.