Post by account_disabled on Jan 3, 2024 7:25:18 GMT
Mr. Wiboon Utsahachit, Chief Executive Officer of Siam Wellness Group Public Company Limited or SPA, a leader in providing integrated spa business services, revealed that "SPA has operating results for the second quarter of 2019, with total net income in the period This amount was 342.74 million baht, an increase of 26.36% from the income in the second quarter of the previous year which had an income of 271.24 million baht and a net profit of 47.35 million baht, a slight decrease from the net profit of the second quarter of the previous year which had a profit of 48.38 million baht. For the six-month period ending June 30, 2017, the company had total income of 687.82 million baht and net profit of 106.28 million .
The rest comes From the hotel and restaurant business Distribution of spa products and others In this regard, the results of the second quarter were affected by changes in accounting standards that caused franchise income to decrease WhatsApp Number List compared to the same period last year and expenses to increase, such as employee benefit reserves. The entire amount was recognized due to the Labor Protection Act. In the second quarter, the company's income continued to grow well, divided into (1) sales from the same store (SSG) increased by 6.
5 percent (2) sales from branch expansion (Expansion) increased by 16 percent (3 ) Sales from new business increased by 1.7 percent (4) Sales from the CHABA nail and eyelash extension business increased by 5.5 percent, but the company must bear the costs of new branches opened in late 2018 and early 2019, including projects new Normally, it takes 3-6 months for a new store's revenue to become EBITDA positive. New projects need time to build brand and customer awareness. Including branches that are closed for maintenance.
The rest comes From the hotel and restaurant business Distribution of spa products and others In this regard, the results of the second quarter were affected by changes in accounting standards that caused franchise income to decrease WhatsApp Number List compared to the same period last year and expenses to increase, such as employee benefit reserves. The entire amount was recognized due to the Labor Protection Act. In the second quarter, the company's income continued to grow well, divided into (1) sales from the same store (SSG) increased by 6.
5 percent (2) sales from branch expansion (Expansion) increased by 16 percent (3 ) Sales from new business increased by 1.7 percent (4) Sales from the CHABA nail and eyelash extension business increased by 5.5 percent, but the company must bear the costs of new branches opened in late 2018 and early 2019, including projects new Normally, it takes 3-6 months for a new store's revenue to become EBITDA positive. New projects need time to build brand and customer awareness. Including branches that are closed for maintenance.