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Sri Trang Gloves net profit down 90.8% y-o-y for FY2023

Bryan Wu
Bryan Wu • 2 min read
Sri Trang Gloves net profit down 90.8% y-o-y for FY2023
Revenue for FY2023 came in at THB19.67 billion, decreasing 15.6% y-o-y, while its cost of sales were THB17.52 billion.
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Sri Trang Gloves (Thailand) (SGX:STG) posted net profit of THB152.7 million ($5.7 million) for the FY2023 ended Dec 31, 2023, down 90.8% y-o-y compared to its earnings of THB1.65 billion in FY2022.

Earnings per share for the full-year period decreased to 5 cents compared to 58 cents in FY2022.

Revenue for FY2023 came in at THB19.67 billion, decreasing 15.6% y-o-y, while its cost of sales were THB17.52 billion.

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