President Bakery Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 05:10 am
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President Bakery Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was THB 2,019.26 million compared to THB 1,803.24 million a year ago. Revenue was THB 2,030.68 million compared to THB 1,811.25 million a year ago. Net income was THB 531.53 million compared to THB 430.81 million a year ago. Basic earnings per share from continuing operations was THB 1.18 compared to THB 0.96 a year ago.
For the nine months, sales was THB 5,310.34 million compared to THB 5,387.85 million a year ago. Revenue was THB 5,344 million compared to THB 5,419.99 million a year ago. Net income was THB 1,275.91 million compared to THB 1,283.34 million a year ago. Basic earnings per share from continuing operations was THB 2.84 compared to THB 2.85 a year ago.
President Bakery Public Company Limited is engaged in the manufacture and sales of bakery products. Its business is divided into four business lines: Wholesale bakery business, Retail bakery business, Fast food business and international sales. Wholesale bakery business sells products, such as sliced breads, burger buns, hot dog buns, snack bread, snack cake, such as stuffed bread, instant sandwiches, cakes, and other bakery products. The products are distributed under the Farmhouse trademark and Farmhouse Vending Machine, Good Morning Farmhouse and Farmhouse Delivery. Retail bakery business is engaged in selling products, such as bakeries sold in Deliya, cakes by Madame Marco and Farmhouseâs mooncakes. The Fast food business is engaged in selling products, such as burger buns, hot dog buns, sliced breads, French breads, croissants, biscuits and pizza dough. International sales (through domestic traders) bread crumb products Including sliced bread ready-to-eat bread and other bakery.