Sri Trang Agro

Profitability eroded by bigger rise in cost of sales and net foreign exchange loss

Cost of goods sold has outstripped revenue, which is up 4.6% to six billion baht

[SINGAPORE] Rubber group Sri Trang Agro-Industry posted a net profit of 688.7 million baht (S$27 million) in the first quarter ended Mar 31. 

Growth driven by a pickup in global demand as inventories of major distributors and customers in many countries revert to normal levels

Analysts expect crude palm oil prices to remain firm in near term

Second-quarter Ebitda up 77.1% to 2.2 billion baht

SINGAPORE-LISTED commodity stocks might give investors solid returns in the near term amid a shift in the broader industry, especially since a number of them are currently trading at a discount to the...

RUBBER group Sri Trang Agro-Industry swung to a net loss of 422 million baht (S$15.8 million) for its fourth quarter ended Dec 31, 2023, from a net profit of 987.8 million baht a year ago.

RUBBER group Sri Trang Agro-Industry on Monday (Nov 27) reported a net loss of 410.2 million baht (S$15.6 million) for the third fiscal quarter ended September.