2S Metal Public Company Limited Reports Consolidated and Company Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 14, 2018 at 10:09 am
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2S Metal Public Company Limited reported consolidated and company earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, on consolidated basis, the company reported net profit of THB 14,681,000 or THB 0.03 per share against THB 102,325,000 or THB 0.23 per share a year ago.
For the nine months, on consolidated basis, the company reported net profit of THB 115,262,000 or THB 0.26 per share against THB 215,544,000 or THB 0.48 per share a year ago.
For the quarter, the company reported net profit of THB 13,686,000 or THB 0.03 per share against THB 96,134,000 or THB 0.21 per share a year ago.
For the nine months, the company reported net profit of THB 105,723,000 or THB 0.23 per share against THB 204,674,000 or THB 0.51 per share a year ago.
2S Metal Public Company Limited is a Thailand-based company, which is engaged in the production of steel pipes, steel plates, light lip channel and steel wire mesh, and trading of steel products. The Company also offers angle bars, galvanized pipe, plumbing, safety equipment, wire mesh and others. The Company has three warehouses located in Nakhon Ratchasima, Bangkok and Suratthani Provinces. The Company has three subsidiaries: Neastern Steel Co., Ltd., Mega Trans and Logis Co., Ltd. and Grand Steel Pipe Industry Co., Ltd. Neastern Steel Co., Ltd. is engaged in the production of steel pipes, steel plates, light lip channels and steel wire mesh. Mega Trans and Logis Co., Ltd. is engaged in providing transportation services. Grand Steel Pipe Industry Co., Ltd. is engaged in the production of steel pipes, steel plates and light lip channel, and trading of steel products. The Company has two segments: trading (including raw materials), and manufacturing and distribution of steel products.
2S METAL 
