AU’s Not So Sweet Now! 3Q18 Profit Down 7.8% to ฿38M.

AU's 3Q18 was down 7.85% YoY from the higher administrative expense.

After You Public Company Limited (AU) has reported its consolidated financial statement through the Stock Exchange of Thailand as follows:

AU booked ฿38.45 million of profit from its 3Q18 operations. The profit decreased 7.85% when compared to the same period of last year, but increased 3.82% in 9 months YoY.

Net profit of the Group was ฿38.45 million in quarter 3Q18 (17.8% of total revenue), decreased from ฿41.72 million (21.2% of total revenue). The reduction of ฿3.27 million resulted from more administrative expense.

Net profit of the Group was ฿98.56 million and ฿94.93 million in 9M18 and 9M17 respectively The net profit margin were 15.7% and 17.9% respectively. The decreased portion was from more administrative expense and Don Muang Branch closure. If no Don Muang effect, the net profit margin would be 16.39%