Dynasty Ceramic Public Company Limited Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 06:44 am
Share
Dynasty Ceramic Public Company Limited announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was THB 2,371.609 million compared to THB 2,049.329 million a year ago. Net income was THB 443.532 million compared to THB 207.389 million a year ago. Basic earnings per share from continuing operations was THB 0.057 compared to THB 0.03 a year ago. Diluted earnings per share from continuing operations was THB 0.055 compared to THB 0.027 a year ago. For the half year, sales was THB 4,548.875 million compared to THB 4,364.988 million a year ago. Net income was THB 810.800 million compared to THB 513.479 million a year ago. Basic earnings per share from continuing operations was THB 0.108 compared to THB 0.076 a year ago. Diluted earnings per share from continuing operations was THB 0.104 compared to THB 0.068 a year ago.
Dynasty Ceramic Public Company Limited is a Thailand-based company, which is principally engaged in the manufacturing and selling of ceramic wall and floor tiles, together with space rental and providing utilities service. The Company purchases the ceramic floor, wall and Tile grout from Tile Top Industry Public Co., Ltd., which is a subsidiary of the Company. The Company also purchases the ceramic floor and wall from The Royal Ceramic Industry Public Co., Ltd., which is a subsidiary of the Company. The Company orders other related products, such as Tile grout, Tile adhesive, Corner-trim for sale. The ceramic tiles produced by the Company and its subsidiaries comprise under the trademark Dynasty, Tile Top, Jaguar, Value, Mustang, Chicken, Birdie, Ducky, Swan, M, Cosmo and RCI. It distributes tiles through outlets, more than 200 outlets, which are its outlets. It owns one factory and other three factories of subsidiary company is located in Nong Khae district, Saraburi province.