PATHUMTANI, THAILAND – SVI Public Co. posted first quarter consolidated sales of THB 5.7 billion (US$165.2 million), an increase of 65.2% year-over-year and 0.4% sequentially.

Communication and Network, Industrial Control and A/V were key sectors in contributing sales.

Consolidated net income for the first quarter was THB 262 million, up 77% compared to the same period in 2021. Operating profit was THB 227 million, an increase of 78.7% year-over-year and down 58.3% sequentially.

Total consolidated assets in the first quarter were THB 16.7 billion, an increase of THB 1.6 million compared to the prior quarter.

Ed.: THB 1 = US$0.029

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