Arrow Syndicate Public Company Limited Announces Unaudited Consolidated and Company Earnings Results for the First Quarter Ended March 31, 2018
May 13, 2018 at 08:39 pm
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Arrow Syndicate Public Company Limited announced unaudited consolidated and company earnings results for the first quarter ended March 31, 2018. For the quarter, on consolidated basis, the company announced net profit attributable to equity holders of the parent was THB 38,501,824.23 compared to THB 46,819,232.35 a year ago. Diluted EPS was THB 0.15 compared to THB 0.18 a year ago. Total revenues were THB 387,319,248.04 compared to THB 360,569,127.20 a year ago. Profit before income tax expenses was THB 41,840,140.89 compared to THB 55,069,045.28 a year ago. Net cash provided by operating activities was THB 78,840,960.85 compared to net cash used in operating activities of THB 26,119,138.39 a year ago. Purchase of fixed assets and intangible assets was THB 69,703,429.46 compared to THB 8,298,181.68 a year ago.
For the quarter, on company only basis, the company announced net profit attributable to equity holders of the parent were THB 30,543,333.76 compared to THB 34,521,864.72 a year ago. Diluted EPS was THB 0.12 compared to THB 0.14 a year ago. Total revenues were THB 227,871,199.05 compared to THB 249,331,651.59 a year ago. Profit before income tax expenses was THB 31,316,347.39 compared to THB 39,679,735.20 a year ago. Net cash provided by operating activities was THB 82,113,500.51 compared to net cash used in operating activities of THB 30,943,701.78 a year ago. Purchase of fixed assets and intangible assets was THB 1,251,049.09 compared to THB 1,430,967.83 a year ago.
Arrow Syndicate Public Company Limited is a Thailand-based company engaged in manufacturing and selling various conduits in construction, and building, as well as electrical conduits and polypropylene random copolymer (PPR) piping for water treatment systems. The Companyâs products include Electrical Metallic Tubing, Intermediate Metallic Conduit, Rigid Steel Conduit, Ductile Iron Conduit Square lock type, Ductile Iron Conduit Interlock type, Waterproof Mild Steel Pipe Conduit, Ventilation pipe, Spiral Round Duct pipes, Air ducts, Ventilation ducts, Silo ducts, Conveying ducts, Post Tension ducts, among others. It also offers hot and cold resistant water pipes. The Companyâs subsidiaries include J.S.V. Technical Company Limited and MeKa-s Company Limited. Its J.S.V. Technical Company Limited is engaged in manufacturing and producing air cooling conduit. The Company offers its products across Australia, Japan, Singapore, Indonesia, Vietnam, Myanmar, Malaysia, Cambodia and Saudi Arabia.