Fortune Parts Industry Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 06:43 am
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Fortune Parts Industry Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was THB 661.21 million compared to THB 709.38 million a year ago. Revenue was THB 671.44 million compared to THB 721.46 million a year ago. Net income was THB 112.94 million compared to THB 116.53 million a year ago. Basic earnings per share from continuing operations was THB 0.075 compared to THB 0.076 a year ago.
For the nine months, sales was THB 1,817.7 million compared to THB 1,930.89 million a year ago. Revenue was THB 1,842.13 million compared to THB 1,961.23 million a year ago. Net income was THB 272.37 million compared to THB 323.48 million a year ago. Basic earnings per share from continuing operations was THB 0.18 compared to THB 0.216 a year ago.
Fortune Parts Industry Public Company Limited is a Thailand-based company that provides one stop service for automotive manufacturing services. The Company's segments include domestic sales, export sales and services. It is engaged in the manufacturing of plastic automotive parts and a center for distribution for both original equipment manufacturer (OEM) and replacement equipment parts. Its replacement equipment manufacturing products include grille and head light door, bumper and valance panel, auto lamps and other accessories, such as spoilers and skirt set, among others. Its OEM products include front bumper guard, over fender, side cladding, head lamp cover, tail lamp cover, mirror cover, electrical parts, and other accessories such as spoilers and skirt set, among others. It is also engaged in trading of automotive replacement parts. Its services include plastic injection molding, chrome plating, designing, three-dimension printing, molding and fortune parts in sustainability.