Thai Steel Cable Public Company Limited Reports Earnings Results for the Third Quarter Ended June 30, 2021
August 10, 2021 at 07:01 am
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Thai Steel Cable Public Company Limited announced earnings results for the third quarter ended June 30, 2021. For the third quarter, the company announced total revenue was THB 608.198 million compared to THB 252.344 million a year ago. Operating income was THB 61.132 million compared to operating loss of THB 13.842 million a year ago. Net income was THB 59.680 million compared to net loss of THB 10.694 million a year ago. Basic earnings per share from continuing operations was THB 0.23 compared to basic loss per share from continuing operations of THB 0.04 a year ago. For the nine months, total revenue was THB 2,001.746 million compared to THB 1,532.351 million a year ago. Operating income was THB 195.711 million compared to THB 76.988 million a year ago. Net income was THB 189.586 million compared to THB 76.890 million a year ago. Basic earnings per share from continuing operations was THB 0.73 compared to THB 0.3 a year ago.
Thai Steel Cable Public Company Limited is a Thailand-based company, which is engaged in the manufacturing and distribution of control cables for automobiles and motorcycles and window regulators for automobiles. The Company's product categories include automobile, motorcycle and window regulator. The Company's automobile products include accelerator cables, door lock cables, fuel lid opener cables, hood release cables, parking brake cables, seat belt cables, transmission cables, and trunk opener cables. The Company's motorcycle products include brake cables, clutch cables, seat lock cables, speedometer cables, tachometer cables, and throttle cables. The Company's products are distributed to automobile manufacturers and spare parts centers in both domestic and overseas markets under the trademarks of TSC and Hi-Lex. The Company's operations are carried out only in Thailand.