Ichitan Announces Strong 2Q25 Growth from Surging Overseas Sales

Ichitan Group Public Company Limited (SET: ICHI) has announced 2Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:

Quarter 2Q25 2Q24
Net Profit (Loss)

Million Baht

407.18 378.87
Earning Per Share

(Baht)

0.3100 0.2900
% Change 7.47
6 Month 2025 2024
Net Profit (Loss)

Million Baht

652.41 742.64
Earning Per Share (Baht) 0.50 0.57
% Change -12.15

 

ICHI reported a net profit in 2Q25 of THB 407.18 million, an increase of THB 28.31 million or 7.47% compared to the previous year. The increased net profit was due to increased revenue from overseas markets.

In 2Q25, the company had sales revenue of THB 2,263.6 million, a decrease of THB 40.6 million or 1.8% from the same period of previous year. This was a result from a decline in domestic sales of 9.3% due to the economic downturn and shorter-than-expected summer season.

However, overseas sales have increased by 111.8%, driven by higher revenue from contract manufacturing (OEM) for exports.