Asefa Public Company Limited Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 05, 2021 at 06:15 pm IST
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Asefa Public Company Limited announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was THB 522.360 million compared to THB 576.520 million a year ago. Net income was THB 10.187 million compared to THB 43.947 million a year ago. Basic earnings per share from continuing operations was THB 0.02 compared to THB 0.08 a year ago. For the half year, sales was THB 1,147.884 million compared to THB 1,239.584 million a year ago. Net income was THB 50.286 million compared to THB 90.877 million a year ago. Basic earnings per share from continuing operations was THB 0.09 compared to THB 0.17 a year ago.
Asefa Public Company Limited is a Thailand-based company. The Company is engaged in manufacturing and distributing of electronic power distribution products, switchboard and trunking systems, including sourcing, distributing and integrated engineering services for electrical power distribution. It also offers automation services, as well as energy management solutions. The Company operates through three segments: Manufacturing business, Trading business and Services business. The Manufacturing business segment designs and manufactures switchboards and related products under the Company's license. The Trading business segment offers electrical equipment and control systems, electrical power distribution products and lighting equipment. The Services business segment provides integrated engineering services and after-sales services. The Company, through its subsidiary, Varitek Co., Ltd. acts as a dealer of equipment for electrical, water supply and air-conditioned systems.