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:
Jaycorp Berhad
of Malaysia
(2018
sales of 299.99 million Malaysian Ringgits [US$73.67 million]
),
Zoy Home Furnishing Co Ltd
of China
(888.01 million Chinese Renmimbi [US$128.87 million]
of which 78%
was Functional sofa), and
SYF Resources Berhad
which is
based in Malaysia
(255.75 million Malaysian Ringgits [US$62.81 million]
of which 68%
was Rubberwood furniture).
Sales Analysis.
ModernForm Group Public Company Limited reported sales of 3.30 billion Thai Bahts (US$108.86 million)
for the
year ending
December of 2018.
This
represents
an
increase of 7.0%
versus 2017, when the company's sales were 3.08 billion Thai Bahts.
The sales level in 2018 was fairly close to the level five years ago: in 2013, ModernForm Group Public Company Limited had sales
of 3.49 billion Thai Bahts.
Sales of Architectural Design Business saw an increase
that was more than double the company's growth rate: sales were up
75.0% in 2018, from
84.00 million Thai Bahts to 147.00 million Thai Bahts.
ModernForm Group Public Company Limited also saw significant increases in sales in
Rental and Service Business (up 12.1% to 157.00 million Thai Bahts)
.
Not all segments of ModernForm Group Public Company Limited experienced an increase in sales in 2018:
sales of Furniture Fitting and Other Materials Bu fell 7.0% to 558.00 million Thai Bahts.