BG Container Glass Public Company Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 11:40 am
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BG Container Glass Public Company Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was THB 2,701.371 million compared to THB 2,539.491 million a year ago. Operating income was THB 252.711 million compared to THB 149.402 million a year ago. Net income was THB 155.702 million compared to THB 80.128 million a year ago. Basic earnings per share from continuing operations was THB 0.22 compared to THB 0.12 a year ago. For the nine months, total revenue was THB 7,942.805 million compared to THB 8,201.550 million a year ago. Operating income was THB 704.113 million compared to THB 519.514 million a year ago. Net income was THB 396.488 million compared to THB 325.014 million a year ago. Basic earnings per share from continuing operations was THB 0.57 compared to THB 0.47 a year ago.
BG Container Glass Public Company Limited is a Thailand-based company engaged in the glass packaging business. The principal activities of the Company are managing the distribution of glass bottles and other packaging and investing in other entities. The Company's subsidiaries are engaged in the manufacture and distribution of glass bottles and other packaging and supply chain management. Its segments include the manufacture and distribution of glass bottles; manufacture and distribution of other packaging, and Other business. The Company's product categories include customized designs manufactured and sold for specific customers, and standardized designs, which are standard glass containers that can be manufactured and sold to all customers. It manufactures glass containers for customers in various industries, including beer bottles, non-alcoholic beverage bottles, glass containers for food, glass containers for pesticides and medicine, and glass containers for other products.