ICHI’s 3Q21 Profit Rises 4% to ฿128 Million as Financial and Distribution Costs Declines

Ichitan Group Public Company Limited (ICHI) has announced its 3Q21 consolidated financial statement through the Stock Exchange of Thailand as follows;

ICHI reported a net profit of 128.3 million baht in 3Q21, an increase of 5.4 million baht or 4.3% as he company earned sales revenue of 1,158.9 million baht, which decreased by 63.2 million baht or 5.2% from the same period of previous year that earned 1,222.1 million baht, while as domestic sales decreased by 2.9%, and export sales decreased by 17.1%, due to the impact of COVID-19 pandemic and the lockdown measures in 3Q  1, which was severely in domestic and trading partners country.

Meanwhile, distribution costs and financial costs slightly decreased from the same period of previous year.