Pioneer Motor Public Company Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 05:03 am
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Pioneer Motor Public Company Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was THB 233.069 million compared to THB 174.781 million a year ago. Operating income was THB 32.055 million compared to THB 14.497 million a year ago. Net income was THB 32.226 million compared to THB 12.501 million a year ago. Basic earnings per share from continuing operations was THB 0.052 compared to THB 0.02 a year ago. For the nine months, sales was THB 572.633 million compared to THB 500.175 million a year ago. Operating income was THB 63.064 million compared to THB 27.249 million a year ago. Net income was THB 62.733 million compared to THB 22.750 million a year ago. Basic earnings per share from continuing operations was THB 0.102 compared to THB 0.04 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.
PIONEER MOTOR 
