Key Performance Highlights

PROFITABILITY

REVENUE

(Unit: M.Baht)

GROSS PROFIT

 

NET PROFIT

 
  • Revenue has gradually improved on Q3 after the unlock, more than 90% of sales has regained as -3.8% is much lower comparing to -24% of Q2.
  • Despite the offline stores unlock, NSR sale (Online+TV shopping) continuously gained high growth as Sabina is ranking 9.9 top sales of both Lazada and Shopee.
  • OEM pending shipment has been called faster on Q3 for UK and EU customers.
  • Q3 GPM has improved quickly from 39% to 47% QOQ since Sabina has no longer donated Fabric masks, plus the return of making Bra&Brief has caused the better efficiency of production.
  • However, YOY GPM is lower on Q3 due to the placing and selling of more budget price items together with the postpone of high margin imported items which is planned to receive on Q4.
  • Although expenses have been decreased much lower than the sales, NPM is still decreased due to the lower of GPM (YOY).
  • However, NPM has improved from 7.7% to 10.5% QOQ

REVENUE BREAKDOWN

SABINA BRAND

68%
THB 1,457.5 mm

NSR

20%
THB 429 mm

SABINA BRAND EXPORT

2%
THB 45.9 mm

OEM

10%
THB 207.5 mm

FINANCIAL OVERVIEW BY SEGMENT

SABINA BRAND REVENUE

(Unit: M.Baht)
  • After the unlock, more budget items and more promotion campaigns have been offered to cope with the low purchasing power.
  • Newness for Q3 collections has launched with Mad Moiselle Intimates, Triple Mask Extra size and Light Triple Mask.
  • More mobile pop up stores have aimed to high traffic locations with special campaign.

NSR REVENUE

(Unit: M.Baht)
  • Covid-19 has fastened NSR Revenue to 20% of the total revenue.
  • Despite the offline stores unlock, NSR sale (Online+TV shopping) continuously gained high growth as Sabina is ranking 9.9 top sales of both Lazada and Shopee.
  • More collaborative marketing campaign with several brands such as Fineline, Pampers, Babylove.

SABINA EXPORT REVENUE

(Unit: M.Baht)
  • COVID-19 has seriously impacted CLMV to lock down longer than expected. ( The same situation as of Q2)
  • Sign of more business has returned on September, hopefully sales will grow sharply on Q4.

OEM REVENUE

(Unit: M.Baht)
  • OEM pending shipment has been called faster than expected on Q3 for UK and EU customers.
  • Fabric mask has become the acceptable items for UK and EU Market at this period, therefore almost 10% of production is still making Fabric mask.