Post by account_disabled on Dec 26, 2023 6:15:11 GMT
SAPPE Public Company Limited or SAPPE views the trend of the beverage business in the second half of the year as likely to grow. Take the opportunity to recover after COVID-19. in Thailand began to ease Along with the growth of the Functional Drink product group, the behavior of Consumers are increasingly choosing to buy healthy products. They also see purchasing power abroad starting to recover in the 3rd quarter of 2020, setting a target for full-year sales to be at least lower than last year. Additionally, they also received positive factors from the innovation tax in the second half of the year that decreased from 10% to Just 3% since July Ms. Piyajit Rakariyapong, Chief Executive Officer of SAPPE Public Company Limited or SAPPE, revealed that although in the 2nd quarter of 2020, sales were somewhat affected by the lockdown measures.
Resulting in total income of 728.2 million baht, a decrease of 22% from the previous year. and had a net profit of 81.6 million baht, but the company still received positive factors from the crisis. This is because consumers are more attentive to their health. This can be seen from the good growth of the Functional Drink and Functional Jelly product groups, which we predict will be trends that will have a continuous growth trend this year. SAPPE also estimates that purchasing power of domestic consumers and export markets will WhatsApp Number List begin to recover in the third quarter of 2020 after Thailand controls the COVID-19 outbreak. effectively including many situations The country has begun to recover and has better management under the COVID-19 outbreak. Affecting the recovery of sales in the second half of the year, with a target of not less than last year's income of 3,386.9 million baht, along with adjusting the business plan to be in line with the situation. Focus on maintaining net profits From production cost management as well as continually.
Adjusting sales and marketing expense plans to be more efficient It also received positive factors from the reduction of the innovation tax in the second half of the year. Chief Executive Officer of SAPPE said that SAPPE is preparing to launch another 5-6 new products (SKUs) in the second half of the year and recently released a new innovation, Mogu Mogu Ice Burst, strawberry and lychee flavored ice cream. Mix coconut jelly that can preserve products at room temperature But it is consumed frozen in the form of ice cream or shaved ice that has a delicious, refreshing taste and has coconut jelly that is unique to the Mogu Mogu brand. It has received good response from foreign customers, including the company has also expanded distribution channels. Through traditional store channels and additional online channels such as SAPPE LINE Official, ALL COCO LINE Official. In addition, the company is also expanding the Vitamin Blue water product to new markets. continuously in the countries Cambodia, Laos, and South Korea as well
Resulting in total income of 728.2 million baht, a decrease of 22% from the previous year. and had a net profit of 81.6 million baht, but the company still received positive factors from the crisis. This is because consumers are more attentive to their health. This can be seen from the good growth of the Functional Drink and Functional Jelly product groups, which we predict will be trends that will have a continuous growth trend this year. SAPPE also estimates that purchasing power of domestic consumers and export markets will WhatsApp Number List begin to recover in the third quarter of 2020 after Thailand controls the COVID-19 outbreak. effectively including many situations The country has begun to recover and has better management under the COVID-19 outbreak. Affecting the recovery of sales in the second half of the year, with a target of not less than last year's income of 3,386.9 million baht, along with adjusting the business plan to be in line with the situation. Focus on maintaining net profits From production cost management as well as continually.
Adjusting sales and marketing expense plans to be more efficient It also received positive factors from the reduction of the innovation tax in the second half of the year. Chief Executive Officer of SAPPE said that SAPPE is preparing to launch another 5-6 new products (SKUs) in the second half of the year and recently released a new innovation, Mogu Mogu Ice Burst, strawberry and lychee flavored ice cream. Mix coconut jelly that can preserve products at room temperature But it is consumed frozen in the form of ice cream or shaved ice that has a delicious, refreshing taste and has coconut jelly that is unique to the Mogu Mogu brand. It has received good response from foreign customers, including the company has also expanded distribution channels. Through traditional store channels and additional online channels such as SAPPE LINE Official, ALL COCO LINE Official. In addition, the company is also expanding the Vitamin Blue water product to new markets. continuously in the countries Cambodia, Laos, and South Korea as well