JMT Reports a 37% Growth in 1Q21 Income, Booking ฿206Mn from Higher Cash Collection
JMT booked 206 million baht of net profit in 1Q21, representing an increase by 37%, mainly due to its growing cash collection.
JMT Network Services Public Company Limited (JMT) has announced its 1Q21 consolidated financial statement through the Stock Exchange of Thailand as follows;
JMT reported a net profit of 282 million baht, increased 36.76% from a net profit of 206 million baht in 1Q20. The company had a gross profit margin at 72% and a net profit margin at 35% from its debt management business that recorded an increase in cash collection to 1,005 million baht.
Meanwhile, total revenue in the quarter was 809 million baht, increased 5.8% from the same period of last year, mainly due to an increase from interest income, dividend and profit from its business.
