Sri Ayudhya Capital Public Company Limited Reports Unaudited Consolidated and Parent Company Earnings Results for the Second Quarter and Six Months Ended June 30, 2016
August 15, 2016 at 01:14 pm EDT
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Sri Ayudhya Capital Public Company Limited reported unaudited consolidated and parent company earnings results for the second quarter and six months ended June 30, 2016. For the quarter, on consolidated basis, the company reported total revenues of THB 706.587 million against THB 712.100 million a year ago. Income before income tax expense was THB 178.435 million against THB 189.141 million a year ago. Net income was THB 165.977 million or THB 0.66 per basic share against THB 177.528 million or THB 0.71 per basic share a year ago.
For the quarter, on parent company basis, the company reported total revenues of THB 396.023 million against THB 30.859 million a year ago. Income before income tax expense was THB 376.508 million against THB 8.239 million a year ago. Net income was THB 376.007 million or THB 1.50 per basic share against THB 8.014 million or THB 0.03 per basic share a year ago.
For the six months, on consolidated basis, the company reported total revenues of THB 1,503.979 million against THB 1,478.828 million a year ago. Income before income tax expense was THB 413.453 million against THB 433.592 million a year ago. Net income was THB 375.969 million or THB 1.50 per basic share against THB 408.511 million or THB 1.63 per basic share a year ago. Net cash provided by operating activities was THB 676.814 million against THB 337.201 million a year ago. Cash flows used in premises and equipment were THB 9.956 million against THB 15.914 million a year ago. Cash flows used in intangible assets were THB 1.823 million against THB 5.004 million a year ago.
For the six months, on parent company basis, the company reported total revenues of THB 516.018 million against THB 94.477 million a year ago. Income before income tax expense was THB 473.840 million against THB 42.846 million a year ago. Net income was THB 453.845 million or THB 1.82 per basic share against THB 40.863 million or THB 0.16 per basic share a year ago. Net cash provided by operating activities was THB 240.625 million against THB 415.944 million a year ago. Cash flows used in premises and equipment were THB 1,000.
Allianz Ayudhya Capital Public Company Limited is a Thailand-based investment holding company that operates in the insurance sector. The Company and its subsidiaries operate through three principal business segments: Non-life insurance business, Investment business and Service business. Its non-life insurance products include motor, fire, marine and transportation, and miscellaneous, which includes property, liability, engineering, and personal protection. Its life insurance products include life insurance, accident insurance, insurance coverage for children, insurance for savings and tax breaks, insurance for life after retirement, and group coverage that is flexible depending on organization size and business sector. Its subsidiaries include Allianz Ayudhya General Insurance Public Company Limited, which is engaged in the non-life insurance business, and Allianz Ayudhya Assurance Public Company Limited, which is engaged in the life insurance sector.
Sri Ayudhya Capital Public Company Limited Reports Unaudited Consolidated and Parent Company Earnings Results for the Second Quarter and Six Months Ended June 30, 2016