HANA’s Net Profit Surges 48% to ฿301Mn as Lower FX Loss Covers Weaker Income
HANA’s net profit increased 48% to THB 301 million in 1Q21 from THB 204 million in 1Q20, due to lower exchange loss offsetting lower operating profits in 1Q21.
HANA Microelectronics Public Company Limited (HANA) has announced its 1Q21 consolidated financial statement through the Stock Exchange of Thailand as follows;
HANA’s net profit increased 48% to THB 301 million in 1Q21 from THB 204 million in 1Q20, due to lower exchange loss offsetting lower operating profits in 1Q21.
Sales revenue increased 13% year-on-year to THB 5.2 billion for the first quarter of 2021 from THB 4.6 billion for the first quarter 2020. Sales revenue in USD terms increased 17% to USD 172 million in 1Q21 from USD 147 million in 1Q20. Earnings from operations decreased 23% to THB 373 million in 1Q21 from THB 483 million in 1Q20.
