Samchai Steel Industries Public Company Limited Reports Company and Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 14, 2018 at 07:10 am IST
Share
Samchai Steel Industries Public Company Limited reported company and consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, on consolidated basis, net loss was THB 38,362,000 or THB 0.04 per share against profit of THB 1,192,000 or THB 0.0 per share a year ago. The company has income from sales in the amount of THB 1,153.40 million, increased by THB 355.40 million or 44.53 % because some of the past customers have returned to do business with the Company as usual, but the amount of transaction is not yet at the level before the period of dispute with the Customs department and the increased in sales was also the result of the increased in the world steel price, as compared to the same period of last year.
For nine months, on consolidated basis, net loss was THB 76,839,000 or THB 0.07 per share against THB 68,099,000 or THB 0.07 per share a year ago.
For the quarter, on company basis, net loss was THB 31,636,000 or THB 0.03 per share against profit of THB 1,526,000 or THB 0.0 per share a year ago.
For nine months, on company basis, net loss was THB 68,281,000 or THB 0.07 per share against THB 66,983,000 or THB 0.06 per share a year ago.
Samchai Steel Industries Public Company Limited is a Thailand-based company, which is engaged in manufacturing and selling of steel pipes and tubes. The Company is a manufacturer and distributor of steel pipes, steel pipes for use in structural work, system work, and industrial work. Its products include structural work pipes, system pipe, and general work. Its uses include Round Bars, Deformed Bars, Wide Flange, H-Beam, I-Beam, Channels, Angles, Plate, Checkered Plates, and Fitting. Its pipe fittings include bends, bushings, caps, couplings, plugs, unions, flanges, and nipples. The Companyâs geographical segment includes Domestic and Overseas. Its trademarks include Samchai, TUBULARGE, TUS, SSH, USC, and CE. It provides delivery services with a variety of car sizes with equipment. The Company provides deposit services, which include a warehouse. The Companyâs subsidiary is Steel Hub Limited.
Samchai Steel Industries Public Company Limited Reports Company and Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018