TFMAMA’s 3Q Profit Hikes 16% from High Sales Volume

TFMAMA recorded ฿889 million of profit in 3Q18, topping its 9 months profit to ฿2,424 million.

Thai President Foods Public Company Limited (TFMAMA) has reported its 3Q18 consolidated financial statement through the Stock Exchange of Thailand as follows:

TFMAMA recorded net profit of ฿889.36 million in 3Q18, increased by ฿124.03 million or 16.21% YoY. The profit margin of the company stood at 15.32% of total sales mainly because of the sales volume jumped while TFMAMA could maintain gross profit margin.