WICE’s Profit in 1Q Falls 37.5% to ฿11.65M. from Higher Investment Cost and Expenses

WICE has reported a net profit for the first quarter of 2019 was THB 11.65 million, decreased by THB 6.96 million or 37.41%.

WICE Logistics Public Company Limited (WICE) has reported its 1Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:


The net profit for the first quarter of 2019 was THB 11.65 million, decreased by THB 6.96 million or 37.41%, mainly due to the high investment cost and administrative expenses for the operation of Euro Asia Total Logistics Company Limited which was in the beginning stage.

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