TOG CEO, Torn Pracharktam, has announced the company’s financial results for the third quarter of 2021. Revenue from the sale of goods and services totaled 552 million Baht, constituting an increase of 3% from the same period last year, with a net profit of 51 million Baht, representing a 145% increase from the same period of the previous year, from an increase in sales revenue in regions, where business activities resumed, after COVID-19 restrictions were relaxed.
TOG continues to grow sales in the Americas and in Europe. Relaxed measures and preparing to re-open each region have resulted in an increase in spectacle lens business activities, during the third quarter of this year. Particularly, the US market has demonstrated outstanding sales growth, beyond TOG's set targets. In Australia, New Zealand and some countries in Asia, sales of prescription lenses have dropped slightly, due to COVID-19 prevention & control measures, which have lasted longer and been more restrictive in some cities than in others.
Furthermore, TOG is preparing to gear up for the launch of new products in value-added sectors, namely 1.60 finished plastic lenses and polarized sun lenses, for distribution in the US, Europe, Asia, Australia and New Zealand, towards the end of 2021.