Baiya Corporation's Impressive Mid-Year Review
We're excited to share the remarkable progress Baiya has made in the first half of 2024! Our dedication to strategic growth and innovation has paid off, with a staggering 61.3% increase in revenue and a 36.4% leap in net profit.
Our focus on sanitary pad products and the optimization of our product mix has led to a 69.7% surge in revenue for our Freemore products. The health series, featuring our probiotic line, has seen an astonishing 255.2% growth, accounting for 42.3% of our total revenue.
With a relentless drive for innovation and a commitment to enhancing product quality, our gross profit margin has risen to 54.4%, a 6.8 percentage point increase from last year.
Looking ahead, we will continue pushing the envelope with new product development and brand reinforcement, aiming to expand our market presence and solidify our competitive edge. Stay tuned for more updates!