Fortune Parts Industry Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 12:59 pm
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Fortune Parts Industry Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was THB 528.23 million compared to THB 429.45 million a year ago. Revenue was THB 537.18 million compared to THB 466.75 million a year ago. Net income was THB 69.76 million compared to THB 29.01 million a year ago. Basic earnings per share from continuing operations was THB 0.047 compared to THB 0.02 a year ago.
For the nine months, sales was THB 1,493.58 million compared to THB 1,292.67 million a year ago. Revenue was THB 1,552.58 million compared to THB 1,354.67 million a year ago. Net income was THB 188.2 million compared to net loss of THB 8.1 million a year ago. Basic earnings per share from continuing operations was THB 0.128 compared to basic loss per share from continuing operations of THB 0.005 a year ago.
Fortune Parts Industry Public Company Limited is a Thailand-based company that provides one stop service for automotive manufacturing services. The Company's segments include domestic sales, export sales and services. It is engaged in the manufacturing of plastic automotive parts and a center for distribution for both original equipment manufacturer (OEM) and replacement equipment parts. Its replacement equipment manufacturing products include grille and head light door, bumper and valance panel, auto lamps and other accessories, such as spoilers and skirt set, among others. Its OEM products include front bumper guard, over fender, side cladding, head lamp cover, tail lamp cover, mirror cover, electrical parts, and other accessories such as spoilers and skirt set, among others. It is also engaged in trading of automotive replacement parts. Its services include plastic injection molding, chrome plating, designing, three-dimension printing, molding and fortune parts in sustainability.