Prodigy Public Company Limited Announces Audited Earnings Results for the Second Quarter and Six Months Ended June 30, 2018
August 07, 2018 at 06:08 am
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Prodigy Public Company Limited announced audited earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported total revenues of THB 165,416,000 against THB 156,065,000 a year ago. Profit before finance cost and income tax expenses was THB 13,107,000 against THB 21,474,000 a year ago. Profit before income tax expenses was THB 13,025,000 against THB 21,385,000 a year ago. Profit for the period was THB 10,409,000 against THB 17,123,000 a year ago, with the cause the major of raw material as PET resin, that’s price has been moved to the upside by fluctuation in crude oil price. Basic EPS was THB 0.04 compared to THB 0.06 a year ago. Sales revenue increased because of increasing customers of fruit juice and seasoning sauce groups.
For the six months, the company reported total revenues of THB 343,591,000 against THB 330,186,000 a year ago. Profit before finance cost and income tax expenses was THB 38,857,000 against THB 48,006,000 a year ago. Profit before income tax expenses was THB 38,711,000 against THB 47,796,000 a year ago. Profit for the period was THB 30,965,000 against THB 38,229,000 a year ago. Basic EPS was THB 0.11 compared to THB 0.14 a year ago. Net cash flows from operating activities were THB 72,707,000 against THB 58,442,000 a year ago. Acquisition of building, machinery and equipment was THB 25,376,000 against THB 14,542,000 a year ago.
Prodigy Public Company Limited is a manufacturer and distributor of polyethylene terephthalate (PET) bottle products. It is principally engaged in the manufacture and distribution of packaging products. It produces PET plastic bottles in various shapes and sizes. The size of the PET plastic bottles that the Company produces and sells starts from 60 milliliters (ml) to 6,000 ml according to customer requirements, which are both in the form of shapes and a specific shape that is produced for everyone. Its PET bottle product portfolio is divided into five groups, including vegetable oil, drinking water, fruit juice, condiments and perform. Its edible oil packaging includes a PET Bottle 600ml., a PET Bottle 1000 ml. and a PET Bottle 2000ml. It manufactures and distributes PET bottles of vegetable oil, which have a packing size from 250-5000ml, with weights from 15-110 grams. It manufactures PET bottles for drinking water, which has packing sizes from 200-6000ml, weights from 8-110 grams.