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Sri Trang Gloves net profit down 79.6% y-o-y in 2QFY2025 to THB77.1 mil

Nicole Lim
Nicole Lim • 2 min read
Sri Trang Gloves net profit down 79.6% y-o-y in 2QFY2025 to THB77.1 mil
The group says that the decline was amid uncertainty stemming from the announcement of the US Reciprocal Tariffs, which led to increased competition in the glove industry throughout the second quarter of 2025. Photo: Sri Trang Gloves
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Sri Trang Gloves (Thailand) has reported a net profit of THB77.1 million ($3.06 million), down 79.6% y-o-y, for the 2QFY2025 ended June 30. For the 1HFY2025, net profit decreased 4.5% y-o-y to THB501.3 million.

The group’s gross profit in 2QFY2025 declined 39% q-o-q and 33% y-o-y to THB518 million, because of currency appreciation.

Sales revenue in 2QFY2025 increased 4.6% y-o-y to THB5.997 billion, while sales volume was at 9,091 million pieces down 1.1% q-o-q, and up 7.7% y-o-y.

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