High Sales Volume Skyrockets SUSCO’s Profit by 79% to Record at ฿164M.
SUSCO has reported a net profit in the first quarter of 2019 at THB 164.03 million, an increase of THB 72.32 million or 78.86% due to higher sales volume.
Susco Public Company Limited (SUSCO) has reported its 1Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:
SUSCO has reported a net profit in the first quarter of 2019 at THB 164.03 million, an increase of THB 72.32 million or 78.86%, compared to with Baht 91.71 million of the same period of 2018. The significant causes were the increased was due to the higher sales volume, and the increase in the other revenue from the gain on sale of assets.
In the first quarter of 2019, SUSCO had a total sales volume of 345.468 million liters, an increase of 30.497 million liters, or 9.68%, compared to the same period of 2018. The total revenues were THB 6,931.47 million, an increase of THB 205.98 million, or 3.06%, from the same period of 2018.