TQM’s 1Q21 Earnings Increase by 12% from Higher Sales Revenue and Cost Control
TQM reported a net profit of 201 million baht in 1Q21, representing an increase by 12% YoY from higher sales revenue and cost control.
TQM reported a net profit of 201 million baht in 1Q21, representing an increase by 12% YoY from higher sales revenue and cost control.
13 พ.ค. 2564

TQM Corporation Public Company Limited (TQM) has announced its 1Q21 consolidated financial statement through the Stock Exchange of Thailand as follows;

TQM reported a net profit of 201 million baht in 1Q21, increased 12.44% from a net profit of 179 million baht in 1Q20. The increase was from the increases of sales of every channel as well as effective cost control by leveraging on-hand technologies.
 
Service income was 828.8 million baht, compared to 814.1million baht of 1Q20, increased amounted to 14.7 million baht or 1.8% from the increase of sales and services.
 
Service cost and expenses is 401.8 million baht or 47.5% of total revenues compared to 407.4 million baht or 49.5% of 1Q20, a decrease amounted to 5.6million baht or 1.4% from effective service costs control.
 
The gross margin is 427.0 million baht or 51.5% compared to 406.7 million baht or 50.0% of 1Q20, an increase of 20.3 million baht or 5.0% from the additional online channel.