Arrow Syndicate Public Company Limited Reports Reviewed Consolidated and Company Earnings Results for the Second Quarter and Six Months Ended June 30, 2018
August 09, 2018 at 08:28 pm
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Arrow Syndicate Public Company Limited reported reviewed consolidated and company earnings results for the second quarter and six months ended June 30, 2018. For the quarter, on consolidated basis, the company reported net profit of THB 26,960,000 or THB 0.11 per share against THB 52,649,000 or THB 0.21 per share a year ago. The company had sales and service revenue decreased of THB 36.27 million or decreased 5.80% because the construction industry had been declined lead to the decreased demand of products especially post-tension and air duct. Total revenues were THB 309,454,273.09 against THB 328,194,711.67 for the same period a year ago. Profit before income tax expenses was THB 27,996,605.52 against THB 68,001,121.16 for the same period a year ago.
For the six months, on consolidated basis, the company reported net profit of THB 65,462,000 or THB 0.26 per share against THB 99,468,000 or THB 0.39 per share a year ago. Total revenues were THB 696,773,521.13 against THB 688,763,838.87 for the same period a year ago. Profit before income tax expenses was THB 69,836,746.41 against THB 123,070,166.44 for the same period a year ago.
For the quarter, on company basis, the company reported net profit of THB 26,960,000 or THB 0.11 per share against THB 49,476,000 or THB 0.20 per share a year ago. Total revenues were THB 209,039,391.95 against THB 255,875,890.70 for the same period a year ago. Profit before income tax expenses was THB 26,762,850.67 against THB 57,052,164.70 for the same period a year ago.
For the six months, on consolidated basis, the company reported net profit of THB 57,463,000 or THB 0.23 per share against THB 83,998,000 or THB 0.33 per share a year ago. Total revenues were THB 436,910,591.00 against THB 505,207,542.29 for the same period a year ago. Profit before income tax expenses was THB 58,079,198.06 against THB 96,731,899.90 for the same period 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.
Arrow Syndicate Public Company Limited Reports Reviewed Consolidated and Company Earnings Results for the Second Quarter and Six Months Ended June 30, 2018