Berli Jucker Public Company Limited (SET: BJC) has announced its 1Q25 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 1Q25 | 1Q24 |
| Net Profit (Loss) Million Baht |
1,091.11 | 427.71 |
| Earning Per Share (Baht) |
0.2700 | 0.1100 |
| % Change | 155.11 | |
BJC’s consolidated net profit attributable to equity holders of the Company for 1Q25 totaled THB 1.091 billion, representing an increase of THB 663 million or 155.1% YoY. This significant growth was due to lower interest expenses and a reduction in tax expenses due to one-time income tax expense and related charges of THB 659 million in 1Q24.
The company’s consolidated total revenue of 1Q25 amounted to THB 41.616 billion, representing a slight decrease of THB 345 million or 0.8% YoY. Consolidated sales and service revenue declined by THB 133 million or 0.3% YoY, mainly from Packaging Supply Chain, while other income decreased THB 137 million or 4.2% YoY mainly from lower rental and service income of Modern Retail Supply Chain.
As for the expenses, BJC’s consolidated total amounted to THB 39.886 billion, a decrease of THB 354 million or 0.9% YoY. This decrease was primarily driven by (1) a reduction in the cost of goods sold, (2) efficient management of SG&A expenses, including advertising, promotion, and logistics costs and (3) lower interest expense from lower interest rate.
Performance by Supply Chain
In the Packaging Supply Chain, the company recorded sales of THB 5.699 billion, a decrease of THB 642 million or 10.1% YoY, primarily driven by lower raw material price of glass packaging and softer demand for aluminum can packaging in both Thailand and Vietnam.
In the Consumer Supply Chain, its sales reached THB 5.666 billion, reflecting an increase of THB 131 million or 2.4% YoY, supported by stronger sales across both the food and non-food groups.
In Healthcare and Technical Supply Chain, BJC reported sales of THB 2.121 billion, representing a slight YoY increase of THB 3 million, or 0.1%. The growth was primarily driven by the Healthcare Supply Chain, supported by strong momentum in aesthetic products, particularly Botox, and large-scaled medical devices. Meanwhile, sales from the Technical Supply Chain declined, mainly due to the divestment of TSS, as previously noted.
In the Modern Retail Supply Chain, its total revenue reached THB 28.535 billion, an increase of THB 277 million or 1.0% YoY.
- Retail sales reached THB 25.483 billion, an increase of THB 443 million or 1.8% YoY driven by solid same-store-sales growth reaching 2.1% (3.4% if excluding leap-year impact) due to strong fresh food sales momentum and improving dry food sales for the quarter.
- Meanwhile, other income reached THB 3.054 billion, a decrease of THB 114 million or 3.6% YoY, mainly driven by lower rental and service income due to changing tenant mix, large number of ongoing renovations, and base effect from the three hypermarkets closed during 2024. Modern Retail Supply Chain’s town center occupancy rate continued gradual improvement and reached 89.4% for the quarter
