JPARK Reports 21% Increase for 9M23 Earnings with Parking Service Leading Growth

Jenkongklai Public Company Limited (mai: JPARK) has announced its 3Q23 consolidated financial statement through the Stock Exchange of Thailand as follows;

Quarter 3Q23 3Q22
Net Profit (Loss)
Million Baht
22.20 22.49
Earning Per Share
0.0600 0.1100
% Change -1.27
9 Months 2023 2022
Net Profit (Loss)
Million Baht
50.02 41.34
Earning Per Share (Baht) 0.1300 0.2100
% Change 21.00

JPARK reported a net profit of Baht 22 million in 3Q23, a slight decrease by 1% from the same period of last year. However, the company recorded 21% growth in the nine-month period at Baht 50 million.

For the first nine months of 2023 and 2022, the Company had revenue from services rendered of Baht 423.47 million and Baht 333.46 million, respectively, representing an increase in the first nine months of 2023 of Baht 90.01 million or 26.99%, which contributed the growth in core businesses, especially the parking service business (PS), revenue increased by Baht 63.20 million or 32.05%.