BEAUTY’s 9M18 Profit Reaches ฿867M., “Suwin” Affirms 4Q Revenue will Jump even Higher
BEAUTY showed a promising nine-months profit to reach 867 million, while the business is entering its high season in 4Q.
BEAUTY Community Public Company Limited (BEAUTY) has reported its 3Q18 consolidated financial statement through the Stock Exchange of Thailand as follows:
BEAUTY’s 3Q18 profit was ฿328.99 million, decreased 5.52% from ฿348.20 million YoY, but its 9M18 rose to ฿867.75 million or 5.69% YoY. The decrease of net profit mainly came from lower sales and gross profit and increase of cost of sales.
However, the total revenue in 3Q18 was increased to ฿1,081.65 million or 1.61% YoY. The increase in revenue was due to the shop expansion that increased 13 shops from 336 shops on September 30, 2017 to be 349 shops on September 30, 2018.
Mr. Suwin Kraibhubes, Chief Executive Officer and Director of BEAUTY, asserts that the company’s 4Q18 revenue will go even further as the fourth quarter is the company’s high season. Meanwhile, the government is promoting Thai tourism to regain the Chinese travellers.