SMART Reports an Amazing Growth in Net Sales, Rebounding to Book ฿14m of Profit in 3Q19

Smart Concrete Public Company Limited (SMART) has reported its 3Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

For the third quarter ended September 30, 2019, SMART had a net profit of THB 14.804 million, compared to its net loss of THB 1.785 million in the same period of the previous year.

The increase in the third quarter of 2019 was mainly due to the increase of net sales amounted to 125 million baht, increased 36.19% compared to a net sales of 91 million baht in the same period of last year.

Moreover, SMART’s gross profit also increased from 8 million baht in 3Q18 to 27.8 million baht in 3Q19, representing an increase of 222%.