Siam Global House Public Company Limited (SET: GLOBAL) has announced 2Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
Quarter | 2Q25 | 2Q24 |
Net Profit (Loss)
Million Baht |
520.40 | 764.57 |
Earning Per Share
(Baht) |
0.0963 | 0.1415 |
% Change | -31.94 | |
6 Month | 2025 | 2024 |
Net Profit (Loss)
Million Baht |
1,142.30 | 1,489.84 |
Earning Per Share (Baht) | 0.21 | 0.28 |
% Change | -23.33 |
GLOBAL reported a net profit in 2Q25 of Baht 520.40 million, a decrease of Baht 244.17 million or 31.94% compared to the previous year. Key factors contributing to these results include:
1) Net sales for the second quarter of 2025 amounted to Baht 8,183.00 million, a decrease of Baht 532.44 million or 6.11% compared to the same period in 2024, as a result of the decline in same-store sales.
2) Other income for the second quarter of 2025 amounted to Baht 202.13 million, a decrease of Baht 4.28 million or 2.07%, compared to the same period in 2024. This was due to a decline in service income from customers and promotional income received from suppliers.
3) Gross profit for the second quarter of 2025 amounted to Baht 2,080.13 million, a decrease of Baht 240.05 million or 10.35%, compared to the same period in 2024, representing a gross profit margin of 25.42% of net sales which decreased by 1.20%. This was in line with a decline in sales.