Mr. Phonsang Sae-be, Managing Director of Royal Plus Public Company Limited (PLUS), revealed that the company expects the operating results in 2Q22 to continue to grow from the first quarter. because it is the high season It also received positive factors from lower shipping costs or freight rates. As a result, US customers make purchasing decisions easier and faster. Including the baht’s depreciation to around 35 baht/dollar also had a positive effect on operating results. because the company has an export ratio of 98-99%
While in the year 65, the company is confident that revenue will grow as the target of 50% from the previous year after the 1Q12 growth has exceeded the target. or has revenues of approximately 390.2 million baht and is expected to be able to achieve the target in 2Q22 by preparing to launch new products in the Plant Base group (Plant-based) 2 items are expected to be exported in 2Q22 and sales will be realized in 3Q22.
Operational strategy this year, the company continues to focus on the development and launch of new products with high margin. This will be a product in the company’s own brand (Own Brand) with a target of a gross profit margin of 30%, which will accelerate brand building through online channels and exhibition booths.
including continually focusing on cost reduction It is in the process of installing a solar rooftop power generation system, operating and maintaining the system for the Amphawa factory, Samut Songkhram province. Installation size 984.96 kilowatts to produce electricity for own use in the business and benefits from BOI It is expected to be completed this year. and should be able to reduce the electricity bill by 30%
for the cost of raw materials At present there is not much volatility. The company was therefore not affected. because the price is still at the same level as last year And the cost of transportation during this period has been reduced.