DOD Reports a 97% Increase in 1Q21 Earnings as Sales Revenue Grow
DOD reported a soaring earnings in 1Q21 at 55.13 million baht, increased 97%, from higher sales revenue in the quarter.
DOD reported a soaring earnings in 1Q21 at 55.13 million baht, increased 97%, from higher sales revenue in the quarter.
11 พ.ค. 2564

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

DOD reported a net profit of 55.13 million baht in 1Q21, increased 97.20% compared to a net profit of 27.96 million baht in 1Q20. The increase was mainly due to the revenue from sale of 411.90 million baht, increased by 70.30 million baht or 20.58% YoY.
 
For the first quarter of 2021, DOD had gross profit by 192.91 million baht, which decreased by 8.54 million baht or 4.24%. Gross profit margin was 46.83%.
 
The company stated that the business of food supplements has continuous product development, including a variety of products that meet consumers and from a potential customer base. As a result, the revenue of the business of food supplements has continuous and steady growth.
 
However, the growth rate of the cosmetics business is declining due to the Covid-19 situation. As a result, the company’s subsidiary is in the process of temporarily ceasing its operations.