SINGER’s 1Q20 Profit Skyrockets 117% from an Increase in Sales Revenue

Singer Thailand Public Company Limited (SINGER) has reported its 1Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;

SINGER reported a net profit of 86.89 million baht in 1Q20, increased 116.97% when compared to a net profit of 40.05 million baht in 1Q19 mainly due to a higher revenue from sales of 199 million baht or 33% YoY, which major increases in sales of Fuel vending machine, Air conditioners and Washing machines.