Post by account_disabled on Jan 3, 2024 3:38:50 GMT
Assoc. Prof. Dr. Chaliew Witoonpakorn, Deputy Chief Executive Officer of Eastern Polymer Group Public Company Limited or EPG, the world's leading producer and distributor of polymer products and processed plastics. Revealing the operating results for the first quarter of 2019/20 (April 2019 - June 2019), the company had sales income of 2,672.3 million baht, increasing from the same period last year with income from Sales of 2,623.2 million baht, amount of 49 million baht or an increase of 1.9%, had a net profit of 215 million baht, decreased from the same period last year with a net profit of 304.8 million baht or a decrease of 29.4%. This is a result of 3 main business groups, including the heat/cold insulation business under the Aeroflex brand, with total sales of 760.7 million baht, or an increase of 3.8% from the same period last year.
This is a result of increased sales B2B Email List from abroad. Especially in the United States and Japan, which choose to use premium products. The automotive parts and accessories business under the Aeoroklas brand had total sales of 1,287.7 million baht, or an increase of 0.5% from the same period last year. This comes from Aeroklas's main products and new products such as rear bumpers and automotive accessories, etc. The business in Australia grew more slowly than expected due to the slowdown in the economic situation in Australia. However, during the remaining fiscal year, it was managed Manage to reduce costs and expenses and create synergy between businesses. which will see better development For sales from the heat/cold insulation business and automotive parts and accessories business Partly affected by fluctuations in foreign currency exchange rates.
The plastic packaging business under the EPP brand had total sales of 624.0 million baht, or an increase of 2.6% from the same period last year. This is due to the acceleration of marketing in the food packaging group. Types of food containers and drinking cups and more industrial products The company has a gross profit margin of 28.3%, a positive result from lower raw material prices and continuously improving production capacity utilization rates. "EPG's business outlook from now on It is expected to be able to create continuous growth. It will focus on strategies for bringing innovation and new technology. Develop product quality Accelerate the expansion of the market both domestically and abroad in every channel.
This is a result of increased sales B2B Email List from abroad. Especially in the United States and Japan, which choose to use premium products. The automotive parts and accessories business under the Aeoroklas brand had total sales of 1,287.7 million baht, or an increase of 0.5% from the same period last year. This comes from Aeroklas's main products and new products such as rear bumpers and automotive accessories, etc. The business in Australia grew more slowly than expected due to the slowdown in the economic situation in Australia. However, during the remaining fiscal year, it was managed Manage to reduce costs and expenses and create synergy between businesses. which will see better development For sales from the heat/cold insulation business and automotive parts and accessories business Partly affected by fluctuations in foreign currency exchange rates.
The plastic packaging business under the EPP brand had total sales of 624.0 million baht, or an increase of 2.6% from the same period last year. This is due to the acceleration of marketing in the food packaging group. Types of food containers and drinking cups and more industrial products The company has a gross profit margin of 28.3%, a positive result from lower raw material prices and continuously improving production capacity utilization rates. "EPG's business outlook from now on It is expected to be able to create continuous growth. It will focus on strategies for bringing innovation and new technology. Develop product quality Accelerate the expansion of the market both domestically and abroad in every channel.