SORKON’s 1Q20 Profit Drops by 10% to ฿33mn

S. Khonkaen Foods Public Company Limited (SORKON) has reported its 1Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;

SORKON reported a net profit of 33.4 million baht in 1Q20, decreased 10% when compared to a net profit of 37.10 million baht in 1Q19 mainly resulted by recording loss on change in fair value less cost of sale of biological assets and interest expenses from lease liabilities from the adoption of TFRS 16 Lease.