SUSCO Makes a Turnaround to Profit of ฿99Mn in 1Q21
In 1Q21, SUSCO had a profit after income tax of Baht 99.00 million, an increase of Baht 123.26 million, compared with a loss of Baht 24.26 million in 1Q20.
In 1Q21, SUSCO had a profit after income tax of Baht 99.00 million, an increase of Baht 123.26 million, compared with a loss of Baht 24.26 million in 1Q20.
13 พ.ค. 2564

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

 
In 1Q21, SUSCO had a profit after income tax of Baht 99.00 million, an increase of Baht 123.26 million, compared with a loss after income tax of Baht 24.26 million in the same period of 2020.
 
The significant cause of the increase was the increase in the average sales margin per litre,  thanks to the decrease in the costs of sales more than the decrease in the net sales revenues.
 
Total sales volume was 252.262 million litres, a decrease of 79.513 million litres, or 23.97%, from the same period of 2020. The total revenue was Baht 4,656.65 million, a decrease of  Baht 1,448.69 million, or 23.73%, from the same period of 2020. The significant cause of  the decrease in the net sales revenues was resulted from the decrease in sales volume, especially from jet fuel business which was affected by the Covid-19pandemic.