Asefa Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022 at 06:46 am
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Asefa Public Company Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was THB 766.31 million compared to THB 522.36 million a year ago. Net income was THB 40.05 million compared to THB 10.19 million a year ago. Basic earnings per share from continuing operations was THB 0.07 compared to THB 0.02 a year ago.
For the six months, sales was THB 1,300.16 million compared to THB 1,147.88 million a year ago. Net income was THB 48.9 million compared to THB 50.29 million a year ago. Basic earnings per share from continuing operations was THB 0.09 compared to THB 0.09 a year ago.
Asefa Public Company Limited is a Thailand-based company. The Company is engaged in manufacturing and distributing of electronic power distribution products, switchboard and trunking systems, including sourcing, distributing and integrated engineering services for electrical power distribution. It also offers automation services, as well as energy management solutions. The Company operates through three segments: Manufacturing business, Trading business and Services business. The Manufacturing business segment designs and manufactures switchboards and related products under the Company's license. The Trading business segment offers electrical equipment and control systems, electrical power distribution products and lighting equipment. The Services business segment provides integrated engineering services and after-sales services. The Company, through its subsidiary, Varitek Co., Ltd. acts as a dealer of equipment for electrical, water supply and air-conditioned systems.