SPA Reports a Fall 2.41% in 2Q2019 Profit from Sales and Services Revenue

Siam Wellness Group Public Company Limited (SPA) has reported its 2Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

SPA recorded a 2Q2019 net profit of THB 47.35 million decreasing 2.41% YoY or THB1.03 million. Net profit is accounted as 14.03% of sales and services’ revenue. This is the result of the sales growth in SSG and Expansion. SPA and subsidiaries had total revenue of THB 342.74 million, increasing 26.36% or THB 71.50 million from the same period last year. The number of branches has gradually increased from 45 branches in 2Q18 (41 branches domestically and 4 branches overseas) to 60 branches in 2Q19 (53 branches domestically and 7 branches overseas).