Thai Steel Cable Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2022
August 04, 2022 at 04:07 pm IST
Share
Thai Steel Cable Public Company Limited reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was THB 620.71 million compared to THB 605.9 million a year ago. Revenue was THB 644.1 million compared to THB 608.2 million a year ago. Net income was THB 59.17 million compared to THB 59.68 million a year ago. Basic earnings per share from continuing operations was THB 0.23 compared to THB 0.23 a year ago.
For the nine months, sales was THB 1,887.37 million compared to THB 1,991.86 million a year ago. Revenue was THB 1,930.32 million compared to THB 2,001.75 million a year ago. Net income was THB 139.77 million compared to THB 189.59 million a year ago. Basic earnings per share from continuing operations was THB 0.54 compared to THB 0.73 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.