Pioneer Motor Public Company Limited Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 06:04 am
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Pioneer Motor Public Company Limited announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was THB 147.177 million compared to THB 143.697 million a year ago. Net income was THB 1.384 million compared to THB 4.214 million a year ago. Basic earnings per share was THB 0.002 compared to THB 0.008 a year ago. Diluted earnings per share was THB 0.002 compared to THB 0.007 a year ago. For the half year, sales was THB 325.394 million compared to THB 286.251 million a year ago. Net income was THB 10.248 million compared to THB 7.794 million a year ago. Basic earnings per share was THB 0.019 compared to THB 0.015 a year ago. Diluted earnings per share was THB 0.019 compared to THB 0.014 a year ago.
Pioneer Motor Public Company Limited is a Thailand-based company. The Company is engaged in the business of manufacturing and distributing air-conditioning electric motors, industrial motors, dewatering, centrifugal pumps, motors for pools and spas and motor home pumps. The operations of the Company involve the single industry segment of manufacturing and distributing electric motors categorized by motor product groups, including air conditioner electric motors, induction motors, and pumps, dewatering, centrifugal pumps, motors for pools and spas, and motor home pumps. Its manufacturing plant is situated in Nakornchaisri. The Companyâs wholly owned subsidiary is VSM (Thailand) Co., Ltd.