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:
Hankook Furniture Co Ltd
of South Korea
sales of 54.77 billion Korean Won [US$50.66 million]
(313.17 million Malaysian Ringgits [US$80.34 million]
SYF Resources Berhad
based in Malaysia
(453.16 million Malaysian Ringgits [US$116.25 million]
of which 54%
was Property development).
ModernForm Group Public Company Limited reported sales of 2.92 billion Thai Bahts (US$92.49 million)
December of 2017.
decrease of 2.0%
versus 2016, when the company's sales were 2.98 billion Thai Bahts.
The sales level in 2017 was fairly close to the level five years ago: in 2012, ModernForm Group Public Company Limited had sales
of 3.16 billion Thai Bahts.
Contributing to the drop in overall sales was the 55.8% decline
in Architectural Design Business, from 190.00 million Thai Bahts to 84.00 million Thai Bahts.
There were also decreases in sales in
Furniture Business (down 5.8% to 2.35 billion Thai Bahts)
However, these declines were partially offset by the increase in sales of
Furniture Fitting and Other Materials Bu (up 20.5% to 600.00 million Thai Bahts)
Rental and Service Business (up 8.5% to 140.00 million Thai Bahts)