Home / Knowledge / News / Textiles / Increase in sales revenue of Sabina-brand products
Increase in sales revenue of Sabina-brand products
22
May '08
Sabina Public Co Ltd would like to clarify the operation result of the 1st quarter of year 2008 as follows:-

Sales & Service revenue as of the first quarter of 2008 was 466.27 million baht, which decreased by 41.80 million baht or 8.23% from that of the same period of 2007. This resulted from a decrease in sales revenue in OEM products by 50.85 million baht and increase in sales revenue of Sabina-brand products by 10.07 million baht.

The cost of goods sold was 287.66 million baht which decreased by 60.34 million baht or 17.34% from that of the same quarter last year. This resulted from reduce sales revenue of OEM products and the implementation of "Lean Manufacturing System" which is an improvement in the efficiency of the manufacturing process. In 1st quarter of year 2008, Selling General and Administrative expenses was 116.84 million baht which increased by 14.8 million baht or 14.5%. Due to the company had a lot of sales promotion & advertising expenses in order to increase sales for product under trademark of subsidiary. As the result of sales promotion and advertising expenses, operating profit of the company was 61.77 million baht or 13.25%.

Net profit of the company was 55.68 million baht which increased by 4.19

million baht. This resulted from increase in sales from subsidiary trademark's product and continuously decreases in OEM's orders that has slight gross profit margin and concentrated on high-fashion product which has good price and implementation of "Lean Manufacturing System". Furthermore, interest expenses also decreased as well. The amount of interest expenses decreased was 3.89 million baht. These factors caused the net profit of the company increase 8.14 % and net profit margin was 11.59%.

Click here to view more:

SABINA PUBLIC COMPANY LIMITED

Must ReadView All

Textiles | On 27th Feb 2017

Surat to get a mega textile park, centre of excellence

The textiles ministry is positively working on the proposals for a...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: Invista

Textiles | On 27th Feb 2017

Invista explores alternatives for apparel & textile trade

Invista, one of the world's largest integrated producers of chemical...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search