SISB’s 2Q22 Profit Leaps 20% to THB78 Million Due to Revenue Growth

SISB Public Company Limited (SET: SISB) has announced its 2Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;

Quarter 2Q22 2Q21
Net Profit (Loss)
Million Baht
78 65
Earning Per Share (Baht) 0.083 0.07
% Change 19.58
Yearly 2022 2021
Net Profit (Loss)
Million Baht
141 136
Earning Per Share (Baht) 0.15 0.14
% Change 3.99

SISB reported net income of THB 78.29 million, with net profit margin at 25.48%, an increase of 20% from the same period of previous year of THB 65.47 million. The increase in net profit was due to the increase in the revenue and most administrative expenses of the company are fixed.

Revenue for the 3-month period ended 30 June 2022 was THB 307.26 million, increasing by THB 37.11 million or 13.74%. 

Revenues from sales and services was THB 302.86 million. Revenues from sales and services consist of Tuition fees and services income and Education equipment income which accounted for 99.56% and 0.44% of revenues from sales and services in the 3-month period 2022 respectively.