AP Public Company Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 01:00 am EST
Share
AP (Thailand) Public Company Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was THB 9,174.852 million compared to THB 5,958.432 million a year ago. Operating income was THB 976.083 million compared to THB 888.719 million a year ago. Net income was THB 1,450.434 million compared to THB 619.323 million a year ago. Basic earnings per share from continuing operations was THB 0.461 compared to THB 0.197 a year ago. For the nine months, total revenue was THB 22,395.581 million compared to THB 18,561.621 million a year ago. Operating income was THB 2,504.567 million compared to THB 2,434.960 million a year ago. Net income was THB 3,284.341 million compared to THB 2,185.697 million a year ago. Basic earnings per share from continuing operations was THB 1.044 compared to THB 0.695 a year ago.
AP (Thailand) Public Company Limited is a Thailand-based company engaged in property developing business. The Company is principally engaged in real estate development, such as townhouses, single detached houses (SDH), and condominiums, in the residential area or central business district. The Company operates through three business segments: the Low-rise segment, the High-rise segment, and Other segment. The Low-rise segment is engaged in the development of real estate, which comprises single detached houses and townhouses. The High-rise segment is engaged in the development of real estate, which comprises condominiums. The Other segment comprises after-sales services, property brokerage, education and training businesses, and construction services. The offered projects are developed to serve customers by type and price range under various brands, such as Baan Klang Krung, Baan Klang Muang, Pleno, The Palazzo, Soul, Centro, The City, Galerie, The Address, Rhythm, Life, Aspire and Coo.