Post by account_disabled on Dec 26, 2023 11:08:16 GMT
ICHI reveals 1Q20 budget, net profit of 159.2 million baht, growth of 39.4%, income of 1,285.4 million baht, domestic sales growth of 5%, pleased with the Indonesian market. The response is continuously good. Supporting the first curve this year, realizing profit sharing of 8.4 million baht as planned. Ready to keep a close eye on the COVID-19 situation, looking at the second quarter, sending new products to invade the health market. And entering the hot season, Ichitan drinks have received increased acceptance. Mr. Tan Passakornnatee, Managing Director of Ichitan Group Public Company Limited or ICHI, revealed the operating results for the 1st quarter of 2020. Net profit was 159.2 million baht, growing 39.4%. Sales income was 1,285.4 million baht. slightly decreased (2.6) %, while the gross profit margin increased to 19.6%, the net profit margin was 12.4%, with the domestic market showing good growth.
the proportion of domestic sales is 72.9% of total sales. Even in the midst of the COVID-19 situation, Mainstream green tea, which is the largest segment in the green tea and Yen Yen beverage market, Still receiving good response from new product releases. As for Shizuoka green tea It continues to be popular. Meanwhile, the export market decreased WhatsApp Number List due to the economic slowdown of trading partners, partly due to the COVID-19 situation. As for the joint company, Ichitan Indonesia, continued its success from last year. The company realized its share of profit in the first quarter of 2020 at 8.4 million baht as a result of the products being released on the market and receiving a continuous response. These include Thai Milk Tea, Thai Milk Coffee, Thai Green Tea and the newest mango drink mixed.
with coconut milk (Thai Mango Coconut), reinforcing Thainess to please Indian consumers. Do Including the distribution of more diverse products. However, in the domestic market, Ichitan was still able to perform well. and sees that in the 2nd quarter of 2020, the overall green tea market of the company is still growing because the company Has released a new product, the Cooling Effect product group, including "Ichitan Icy Mint", a honey-lemon flavor mixed with mint, adding Cooling that provides extreme cooling. to make a difference and water to drink “Yen Non Yen Formula” that was launched at the end of March. It's entering the hot season. In addition, campaigns are launched to communicate directly to customer groups. Especially the Free Fire campaign to please customers who love E-Sport games. In addition, in the situation of the spread of the COVID-19 virus Ichitan is also committed to introducing new products. To respond to the behavior of consumers who are more attentive to health, we recently launched the product "One More Milk Tablets", a snack that children love and choose from their mothers. Different from low-fat milk ingredients imported from New Zealand. No artificial cream mixed.
the proportion of domestic sales is 72.9% of total sales. Even in the midst of the COVID-19 situation, Mainstream green tea, which is the largest segment in the green tea and Yen Yen beverage market, Still receiving good response from new product releases. As for Shizuoka green tea It continues to be popular. Meanwhile, the export market decreased WhatsApp Number List due to the economic slowdown of trading partners, partly due to the COVID-19 situation. As for the joint company, Ichitan Indonesia, continued its success from last year. The company realized its share of profit in the first quarter of 2020 at 8.4 million baht as a result of the products being released on the market and receiving a continuous response. These include Thai Milk Tea, Thai Milk Coffee, Thai Green Tea and the newest mango drink mixed.
with coconut milk (Thai Mango Coconut), reinforcing Thainess to please Indian consumers. Do Including the distribution of more diverse products. However, in the domestic market, Ichitan was still able to perform well. and sees that in the 2nd quarter of 2020, the overall green tea market of the company is still growing because the company Has released a new product, the Cooling Effect product group, including "Ichitan Icy Mint", a honey-lemon flavor mixed with mint, adding Cooling that provides extreme cooling. to make a difference and water to drink “Yen Non Yen Formula” that was launched at the end of March. It's entering the hot season. In addition, campaigns are launched to communicate directly to customer groups. Especially the Free Fire campaign to please customers who love E-Sport games. In addition, in the situation of the spread of the COVID-19 virus Ichitan is also committed to introducing new products. To respond to the behavior of consumers who are more attentive to health, we recently launched the product "One More Milk Tablets", a snack that children love and choose from their mothers. Different from low-fat milk ingredients imported from New Zealand. No artificial cream mixed.