Lohakit Metal Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
November 11, 2021 at 10:10 am
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Lohakit Metal Public Company Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was THB 637.44 million compared to THB 518.91 million a year ago. Revenue was THB 647.86 million compared to THB 522.19 million a year ago. Net income was THB 46.8 million compared to THB 15.03 million a year ago. Basic earnings per share from continuing operations was THB 0.12 compared to THB 0.04 a year ago.
For the six months, sales was THB 1,295.45 million compared to THB 930.49 million a year ago. Revenue was THB 1,308.88 million compared to THB 938.63 million a year ago. Net income was THB 93.92 million compared to THB 12.4 million a year ago. Basic earnings per share from continuing operations was THB 0.25 compared to THB 0.03 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.
LOHAKIT METAL 