MK Restaurant Group Public Company Limited or M discloses operating results for the second quarter and the first half of the year 2023. It was found that in the second quarter of the year 2023, the Company and its subsidiaries Net profit was 459 million baht, an increase of 4.5% compared to the same period last year (YoY), with sales and service income of 4,435 million baht, an increase of 10.4%YoY, and same-store sales increased 10.5. %YoY
While the first half of the year 2023 (Jan.-June), the Company and its subsidiaries Net profit was 784 million baht, an increase of 10.4%YoY, with sales and service income of 8,524 million baht, an increase of 13.5%YoY, and same store sales increased 13.1%YoY.
The increase in revenue grew mainly from the dine-in channel. Due to the improved situation of COVID-19 Most people began to return to their normal lives. In addition, the tourism sector improved considerably with the number of tourists traveling to Thailand increasing significantly, especially after China opened the country to allow people to travel abroad, resulting in revenue from sales. And services can be recovered continuously. Revenue from sales and services
Revenue structure classified by sales channels of MK Restaurant Group Plc. Source: SET
However, significant selling and administrative expenses consist of staff expenses, utility rental expenses, advertising and promotion expenses, consumables expenses, and fixed asset depreciation and amortization expenses. In the first half of this year, it was at 4,774 million baht, an increase. 15.7%YoY, with selling and administrative expenses to revenue ratio increasing to 55.1 from the first half of 2022 at 54.2.
Financial status of the company as of 30 June 2023 of the company and its subsidiaries
Total assets were 19,784 million baht, a decrease of 0.6%. Total liabilities were 6,066 million baht, a decrease of 1.1% from the end of 2022. Shareholders’ equity was 13,718 million baht, a decrease of 0.3% from the end of 2022 due to a decrease in retained earnings as a result. from annual dividend payment
source Stock Exchange of Thailand
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2023-08-14 08:34:00
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