2S Metal Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 12:39 am
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2S Metal 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 1,502.01 million compared to THB 1,266.31 million a year ago. Revenue was THB 1,545.42 million compared to THB 1,295.29 million a year ago. Net income was THB 164.53 million compared to THB 101.64 million a year ago. Basic earnings per share from continuing operations was THB 0.3 compared to THB 0.1845 a year ago.
For the nine months, sales was THB 4,749.71 million compared to THB 4,198.2 million a year ago. Revenue was THB 4,872.9 million compared to THB 4,286.55 million a year ago. Net income was THB 687.39 million compared to THB 309.26 million a year ago. Basic earnings per share from continuing operations was THB 1.2509 compared to THB 0.5618 a year ago.
2S Metal Public Company Limited is a Thailand-based company, which is engaged in the production of steel pipes, steel plates, light lip channel and steel wire mesh, and trading of steel products. The Company also offers angle bars, galvanized pipe, plumbing, safety equipment, wire mesh and others. The Company has three warehouses located in Nakhon Ratchasima, Bangkok and Suratthani Provinces. The Company has three subsidiaries: Neastern Steel Co., Ltd., Mega Trans and Logis Co., Ltd. and Grand Steel Pipe Industry Co., Ltd. Neastern Steel Co., Ltd. is engaged in the production of steel pipes, steel plates, light lip channels and steel wire mesh. Mega Trans and Logis Co., Ltd. is engaged in providing transportation services. Grand Steel Pipe Industry Co., Ltd. is engaged in the production of steel pipes, steel plates and light lip channel, and trading of steel products. The Company has two segments: trading (including raw materials), and manufacturing and distribution of steel products.
2S METAL 
