Ratch Group Public Company Limited (SET: RATCH) has announced its 1Q24 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 1Q24 | 1Q23 |
| Net Profit (Loss) Million Baht |
1,536.83 | 1,447.67 |
| Earning Per Share (Baht) |
0.7100 | 0.6700 |
| % Change | 6.16 | |
RATCH reported a net profit of THB 1,537 million in 1Q24, increased 6.16% YoY.
Revenue from sales and rendering of services in the first quarter was THB 8,888 million, a significant drop from THB 14,492 million in 1Q23. However, the company had lower cost of sales during the period, which resulted in a gross profit of THB 1,477 million, slightly higher than the same period of last year.
Meanwhile, the company recorded a net gain of FX by THB 121 million, compared to a net loss of THB 177 million in 1Q23.
