BJC Announces a Recovery from 2Q Slump, Booking over ฿1Bn of Profit in 3Q20!

BJC Announces a Recovery from 2Q Slump, Booking over ฿1Bn of Profit in 3Q20!

Berli Jucker Public Company Limited (BJC) has reported its 3Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;

BJC reported a net profit of 1,062 million baht, decreased 40.12% compared to the same period last year, but increased 247.2% from the previous quarter. This increase was due to strong improvements at the Packaging, and Modern Retail Supply Chains as the businesses started to recover from the previous quarter.

BJC’s total revenue for 3Q20 reached THB 38,239 million, representing a decrease of THB 4,483 million or 10.5% over the same period last year. The decrease was mainly driven by the consolidated sales and service revenue declining to THB 35,027 million, a decrease of THB 3,593 million or 9.3% over the same period last year, driven by decreasing sales at Packaging, Healthcare and Technical, and Modern Retail Supply Chain.

Whilst the consolidated other income reached THB 3,179 million, a decrease of THB 891 million or -21.9% over the same period last year, mainly driven by declining other income at Modern Retail Supply Chain due to the rental discounts and lower occupancy rate when compared to the same period last year.

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