Ichitan Group Public Company Limited (SET: ICHI) has announced its consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 1Q23 | 1Q22 |
| Net Profit (Loss) Million Baht |
221.73 | 103.93 |
| Earning Per Share (Baht) |
0.1700 | 0.0800 |
| % Change | 113.34 | |
ICHI reported a net profit of 221.7 million baht in 1Q23, increased 113% from a net profit of 103 million baht in 1Q22. The increase was mainly due to a surge in sales revenue of 1,832.5 million baht, increased 27.1% YoY, from domestic sales that rose 29.8% due to the growth of its ready-to-drink tea market segment and new products. Also, export sales increased by 0.6% due to the economic recovery of trading partner countries.
