Post by account_disabled on Jan 2, 2024 1:07:25 GMT -5
'Sappe Public Company Limited' or SAPPE shows operating results for the first half of the year, generating total revenue of 1,735 million baht, growing 10% after recognizing revenue from All Coco and vitamin B'lue beverages under the brand. Collaborate with Danone and effectively manage production costs. Supporting the overall picture for the first half of the year, net profits were 252 million baht, a growth of 7.1%. As for the plans for the second half of the year Prepare to present new product innovations Respond to customer needs Hoping to push this year's target to grow as planned by 20-30%. Ms. Piyajit Rakariyapong, Chief Executive Officer of SAPPE Public Company Limited or SAPPE, revealed the operating results for the second quarter of 2019 (April-June 2019) with total income of 938.70 million baht, an increase of 17.7% from the previous quarter.
Had a total income of 797.26 million baht, with a factor from the recognition of income coming in a full quarter from investing in All Coco after increasing the shareholding proportion to 51% from the original 40% and having increased income. From contract manufacturing (OEM) and distributing products to vitamin drinks under the brand B'lue, which SAPPE jointly invested with Danone Company, which has been very successful in marketing. Net profit for the second quarter of 2019 was 133.75 million baht, an increase of 13.6% compared to the previous quarter. with a net profit of 117.78 million baht due to effective WhatsApp Number List management of product sales costs Resulting in a good growth rate and being able to bear the impact from the strong baht value factor. Recognition of losses from associates and setting aside additional employee benefits according to the new labor law. However, with such factors This has a positive effect on the overall performance in the first half of this year. (January - June 2019) had a total income of 1,735.27 million baht, an increase of 10.0% compared to the same period last year with a total income of 1,577.58 million baht and a net profit of 251.
ompared to the same period last year. with a net profit of 234.83 million baht SAPPE Chief Executive Officer said that the operating direction for the rest of this year, the company is confident that it will grow. 20-30% as planned, coming from international market factors that are expected to grow well in the second half of the year through the marketing activity plans that have been recently achieved. A global company, Lotte Group Korea, has come to purchase the rights to the 'Moku Mogu' brand to produce and distribute ice cream in South Korea. The company sees that it will have a positive impact on the brand and marketing of beverage products. of SAPPE in the said country as well Meanwhile, the domestic market is expected to continue to maintain a good growth rate, with SAPPE planning to introduce additional new products in the beverage and healthy snack product categories. "We are very proud and pleased that a global brand like LOTTE is interested in bringing Thai brands into LOTTE's portfolio, which will help drive the creation of the 'Moku Mogu' brand. in Korea It is one of the world trend leaders and has been our strategic country for the last 2-3 years,” Ms. Piyajit said.
Had a total income of 797.26 million baht, with a factor from the recognition of income coming in a full quarter from investing in All Coco after increasing the shareholding proportion to 51% from the original 40% and having increased income. From contract manufacturing (OEM) and distributing products to vitamin drinks under the brand B'lue, which SAPPE jointly invested with Danone Company, which has been very successful in marketing. Net profit for the second quarter of 2019 was 133.75 million baht, an increase of 13.6% compared to the previous quarter. with a net profit of 117.78 million baht due to effective WhatsApp Number List management of product sales costs Resulting in a good growth rate and being able to bear the impact from the strong baht value factor. Recognition of losses from associates and setting aside additional employee benefits according to the new labor law. However, with such factors This has a positive effect on the overall performance in the first half of this year. (January - June 2019) had a total income of 1,735.27 million baht, an increase of 10.0% compared to the same period last year with a total income of 1,577.58 million baht and a net profit of 251.
ompared to the same period last year. with a net profit of 234.83 million baht SAPPE Chief Executive Officer said that the operating direction for the rest of this year, the company is confident that it will grow. 20-30% as planned, coming from international market factors that are expected to grow well in the second half of the year through the marketing activity plans that have been recently achieved. A global company, Lotte Group Korea, has come to purchase the rights to the 'Moku Mogu' brand to produce and distribute ice cream in South Korea. The company sees that it will have a positive impact on the brand and marketing of beverage products. of SAPPE in the said country as well Meanwhile, the domestic market is expected to continue to maintain a good growth rate, with SAPPE planning to introduce additional new products in the beverage and healthy snack product categories. "We are very proud and pleased that a global brand like LOTTE is interested in bringing Thai brands into LOTTE's portfolio, which will help drive the creation of the 'Moku Mogu' brand. in Korea It is one of the world trend leaders and has been our strategic country for the last 2-3 years,” Ms. Piyajit said.