BEAUTY Reports Declining Net Loss in 3Q23 from Rising Revenue and Profit Margin

Beauty Community Public Company Limited (SET: BEAUTY) has announced its 3Q23 consolidated financial statement through the Stock Exchange of Thailand as follows;

Quarter 3Q23 3Q22
Net Profit (Loss)
Million Baht
-11.15 -26.64
Earning Per Share
(Baht)
-0.004 -0.009
% Change 58.13
9 Months 2023 2022
Net Profit (Loss)
Million Baht
-20.15 -55.36
Earning Per Share
(Baht)
-0.01 -0.02
% Change 63.60

BEAUTY reported a net loss of THB 11.15 million of net loss in 3Q23, but it was 58% better than THB 26.64 million of net loss in the same quarter last year. Total revenue in the third quarter 2023 was THB 103.87 million, an increase of 51.31%.

Selling expenses dropped by 4.37% to THB 38.99 million in 3Q23, while administrative expenses rose 4.12% to THB 25.86 million.

Gross profit margin in the third quarter was 53.55%, increased from the same period last year of 44.67% and increased from the second quarter of 2023 of 48.82%.