ModernForm Group Public Company Limited operates in the Upholstered household furniture sector.
In addition to historical fundamental analyses, the complete report available to purchase compares ModernForm Group Public Company Limited with three other
furniture companies in Asia:
sales of 289.46 million Malaysian Ringgits [US$72.87 million]
A-Zenith Home Furnishings Co Ltd
(561.96 million Chinese Renmimbi [US$86.99 million]
of which 99%
was Household industry), and
SYF Resources Berhad
based in Malaysia
(453.22 million Malaysian Ringgits [US$114.10 million]
ModernForm Group Public Company Limited reported sales of 2.98 billion Thai Bahts (US$93.08 million)
December of 2016.
decrease of 18.6%
versus 2015, when the company's sales were 3.65 billion Thai Bahts.
The sales level in 2016 was fairly close to the level five years ago: in 2011, ModernForm Group Public Company Limited had sales
of 2.80 billion Thai Bahts.
Contributing to the drop in overall sales was the 18.7% decline
in Furniture Business, from 3.06 billion Thai Bahts to 2.49 billion Thai Bahts.
There were also decreases in sales in
Furniture Fitting and Other Materials Bu (down 15.6% to 498.00 million Thai Bahts)
However, these declines were partially offset by the increase in sales of
Architectural Design Business (up 163.9% to 190.00 million Thai Bahts)
Rental and Service Business (up 67.5% to 129.00 million Thai Bahts)