Srinanaporn Marketing Public Company Limited (SET: SNNP) has announced 3Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 3Q25 | 3Q24 |
| Net Profit (Loss) Million Baht |
129.55 | 163.32 |
| Earning Per Share (Baht) |
0.1400 | 0.1700 |
| % Change | -20.68 | |
| 9 Months | 2025 | 2024 |
| Net Profit (Loss) Million Baht |
429.76 | 396.15 |
| Earning Per Share (Baht) | 0.47 | 0.50 |
| % Change | 8.49 | |
SNNP reported a net profit in 3Q25 of THB 129.55 million, a decrease of THB 33.77 million or 20.68% compared to the previous year. The decrease in net profit was due to slowed demand from seasonal factors and increased marketing cost.
The company’s gross profit in 3Q25 was THB 412.7 million, compared with THB 405.9 million in 2Q25, representing an increase of THB 6.8 million or 1.7%. When compared with 2Q25, in which the gross profit margin was 29.2%, the gross profit margin in 3Q25 increased by 0.8% to 30.0%, mainly due to more efficient management of raw material and packaging costs, as well as the appreciation of the Thai Baht, which reduced the cost of imported materials. The gross profit margin remained stable at 30.0% compared to 3Q24.
Domestic sales continued to increase steadily, supported by strong sales from core products and continuous marketing activities that expanded the customer base. Meanwhile, overseas sales decreased due to global economic pressure, floods in northern Vietnam, and rising tensions along the Thai-Cambodian border.
For 3Q25, the selling expenses to sales ratio was 15.0%, an increase of 1.7% compared to 3Q24, mainly due to marketing and promotional activities to enhance brand recognition among Gen Z consumers and expand new customer segments, while maintaining existing ones. This is considered a strategic investment to support long-term sustainable growth.
The company’s cost of sales in 3Q25 was THB 964.0 million. Compared to 3Q24, which was THB 972.5 million, the cost of sales decreased by THB 8.5 million or 0.9%.
