AAPICO Hitech Public Company Limited Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 11:48 am
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AAPICO Hitech Public Company Limited announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was THB 499.856 million compared to operating Income of THB 159.529 million a year ago. Net loss was THB 631.261 million compared to net income of THB 140.367 million a year ago. Basic loss per share was THB 1.957 compared to basic earnings per share of THB 0.443 a year ago. For the half year, total revenue was THB 7,208.917 million compared to THB 9,237.102 million a year ago. Operating loss was THB 92.222 million compared to operating Income of THB 527.307 million a year ago. Net loss was THB 300.503 million compared to net income of THB 356.932 million a year ago. Basic loss per share was THB 0.932 compared to basic earnings per share of THB 1.127 a year ago.
AAPICO Hitech Public Company Limited is a Thailand-based company. The Company is principally engaged in the manufacture and distribution of automobile parts, dies, and jigs. The Companyâs segments include the manufacture of auto parts segment, sales of automobiles and provision of automobile repair services segment, and other segments that represent the manufacture and sales of car navigation systems and services relating to technology. The Company is focused on manufacturing OEM automotive parts, including floor parts, cross members, pillars, brackets, clips, and fuel tanks, for leading automobile assemblers in Thailand. The Company is focused on the OEM auto parts manufacturing business, the car dealership business, and the Internet of Things (IoT) connectivity and mobility business. Its subsidiaries include AAPICO Amata Company Limited, New Era Sales Company Limited, Able Motors Company Limited, AAPICO Hitech Parts Company Limited, and AAPICO Hitech Tooling Company Limited.
AAPICO HITECH 
