Lohakit Metal Public Company Limited Reports Earnings Results for the Second Quarter Ended September 30, 2018
November 09, 2018 at 10:01 am
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Lohakit Metal Public Company Limited announced earnings results for the second quarter ended September 30, 2018. For the second quarter, the company announced sales was THB 844.390 million compared to THB 927.442 million a year ago. Total revenue was THB 852.183 million compared to THB 935.475 million a year ago. Net income was THB 37.304 million compared to THB 56.053 million a year ago. Basic earnings per share was THB 0.1 compared to THB 0.15 a year ago. For the half year, sales was THB 1,698.159 million compared to THB 1,737.911 million a year ago. Total revenue was THB 1,710.984 million compared to THB 1,752.332 million a year ago. Net income was THB 80.618 million compared to THB 102.771 million a year ago. Basic earnings per share was THB 0.21 compared to THB 0.27 a year ago.
Lohakit Metal Public Company Limited is a Thailand-based company. The Company is principally engaged in the processing, distribution and shearing of stainless steel, steel, and metal products. It is a service provider managing the supply chain, including the delivery, and processing of metal and non-ferrous materials (stainless steel, coated steel, aluminum, copper, and brass). The Companyâs product type includes cold rolled stainless steel coil, hot rolled stainless steel coil, decorative stainless steel pipe, square stainless steel pipe, automobile industry pipe, galvanized steel sheet roll, and galvanized sheet roll. The Company also supplies stainless steel pipes under the brand name D-Stainless. Its subsidiaries include Auto Metal Company Limited, which is engaged in the production and distribution of stainless steel pipes for the automotive industry; and Alternative EnMat Company Limited, which is engaged in the distribution of metal and non-ferrous metal products.