OISHI’s Net Profit Falls 62% to ฿140Mn as Sales and Services Revenue Declines
OISHI reported Baht 140 million of Net profit in Q2/2020-2021 which declined by Baht 231 million or 62.3% from the same period of last year.
OISHI reported Baht 140 million of Net profit in Q2/2020-2021 which declined by Baht 231 million or 62.3% from the same period of last year.
12 พ.ค. 2564

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

OISHI reported Baht 140 million of Net profit in Q2/2020-2021 which declined by Baht 231 million or 62.3% from net profit of Baht 371 million in Q2/2019-2020. However, deducting non-recurring items of Baht 293 million the results in normalized net profit of Baht 78 million in Q2/2019-2020. 
 
Comparing normalized net profit for Q2/2020-2021 of Baht 140 million to those of Q2/2019-2020 means the company had higher profit by Baht 61 million or 78.6%. Increase in normalized net profit was as a result of the drive to increase profitability of domestics’ beverage units, operational efficiency measures and continuous cost control programs.
 
Total sales and services revenue of OISHI for Q2/2020-2021 was Baht 2,369 million, a decrease of Baht 538 million or 18.5% from Q2/2019-2020.