ROBINS’ 3Q Profit Drops 7% from Lower Sales and Share of Profit to Book ฿619m
ROBINS’ 3Q Profit Drops 7% from Lower Sales and Share of Profit to Book ฿619 million.
Robinson Public Company Limited (ROBINS) has reported its 3Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:
In 3Q19, ROBINS’s net profit was 619 million baht, dropped by 6.8%, mainly from sales dropped and lower share of profit of associates.
In 3Q19, total revenue reported to 7,381 million baht, decreased by 4.7% mainly from sales dropped which mainly affected from low customer spending, competitor impacts, store renovations, tourists dropped, and flooding in some northeastern stores.
Total sales decreased by 426 million baht or 6.5% from 3Q18 to 6,129 million baht in 3Q19, mainly from low customer spending, competitor impacts, store renovations, tourists dropped, and flooding in some northeastern stores.
