R&B Food Supply Public Company LimitedRBF
▲ PositiveCapitalrelevance
Second-quarter net profit surged 65.84% on overseas sales growth.
Impact on stocks 1
Consumer Staples
R&B Food Supply Public Company LimitedR&B Food Supply reported second-quarter net profit of 160.61 million baht, up 65.84% from the same period last year, driven by overseas sales rising 45.89 million baht, or 19.84%, especially in flavour and colour ingredients and powder and sauce segments. Revenue from sales and services was 1.097 billion baht, up 3.15%. Domestic sales fell 12.42 million baht, or 1.49%, due to slowing consumer purchasing power. For the first six months, net profit totalled 297.23 million baht, up 47.67%, and total revenue was 2.183 billion baht, up 3.25%, helped by corporate income tax exemption for flavour and taste products.
R&B Food Supply Public Company LimitedSecond-quarter net profit surged 65.84% on overseas sales growth.