Thai Steel Cable Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2022
May 10, 2022 at 04:33 pm IST
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Thai Steel Cable Public Company Limited reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported sales was THB 637.08 million compared to THB 708.01 million a year ago. Revenue was THB 652.29 million compared to THB 711.29 million a year ago. Net income was THB 45.17 million compared to THB 81.19 million a year ago. Basic earnings per share from continuing operations was THB 0.17 compared to THB 0.31 a year ago.
For the six months, sales was THB 1,266.66 million compared to THB 1,385.96 million a year ago. Revenue was THB 1,286.22 million compared to THB 1,393.55 million a year ago. Net income was THB 80.6 million compared to THB 129.91 million a year ago. Basic earnings per share from continuing operations was THB 0.31 compared to THB 0.5 a year ago.
Thai Steel Cable Public Company Limited is a Thailand-based company, which is engaged in the manufacturing and distribution of control cables for automobiles and motorcycles and window regulators for automobiles. The Company's product categories include automobile, motorcycle and window regulator. The Company's automobile products include accelerator cables, door lock cables, fuel lid opener cables, hood release cables, parking brake cables, seat belt cables, transmission cables, and trunk opener cables. The Company's motorcycle products include brake cables, clutch cables, seat lock cables, speedometer cables, tachometer cables, and throttle cables. The Company's products are distributed to automobile manufacturers and spare parts centers in both domestic and overseas markets under the trademarks of TSC and Hi-Lex. The Company's operations are carried out only in Thailand.
THAI STEEL CABLE 