Thai Carbon Black Public Co. Ltd. Announces Unaudited Consolidated and Parent Earnings Results for the Third Quarter Ended December 31, 2016
February 14, 2017 at 01:17 pm EST
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Thai Carbon Black Public Co. Ltd. announced unaudited consolidated and parent earnings results for the third quarter ended December 31, 2016. For the quarter, on consolidated basis, the company reported revenue from sale of THB 1,320 million compared to THB 1,149 million a year ago. Operating profit was THB 293 million compared to THB 190 million a year ago. Profit before tax was 453 million compared to THB 304 million a year ago. Profit for the period attributable to owners of the company was THB 402 million compared to THB 257 million a year ago. Basic earnings per share improved to THB 1.34 compared to THB 0.86 a year ago.
For the quarter, on parent basis, the company reported sale of THB 1,320 million compared to THB 1,149 million a year ago. Operating profit was THB 293 million compared to THB 190 million a year ago. Profit before tax was 374 million compared to THB 305 million a year ago. Profit for the period attributable to owners of the company was THB 323 million compared to THB 258 million a year ago. Basic earnings per share improved to THB 1.08 compared to THB 0.86 a year ago.
For the nine months, on consolidated basis, the company reported revenue from sale of THB 3,603.14 million compared to THB 3,634.02 million a year ago. Profit before tax was THB 1,321.87 million compared to THB 684.54 million a year ago. Profit for the period attributable to owners of the company was THB 1,191.72 million compared to THB 621.75 million a year ago. Basic earnings per share improved to THB 3.97 compared to THB 2.07 a year ago. Net cash from operating activities was THB 1,081.7 million against THB 411.5 million a year ago. Purchase of property, plant and equipment was THB 68.38 million against THB 212.68 million a year ago.
For the nine months, on parent basis, the company reported revenue from sale of THB 3,603.14 million compared to THB 3,634.02 million a year ago. Profit before tax was THB 983.37 million compared to THB 536.41 million a year ago. Profit for the period attributable to owners of the company was THB 853.22 million compared to THB 473.63 million a year ago. Basic earnings per share improved to THB 2.84 compared to THB 1.58 a year ago. Net cash from operating activities was THB 1,081.8 million against THB 411.7 million a year ago. Purchase of property, plant and equipment was THB 68.38 million against THB 212.64 million a year ago.
Birla Carbon (Thailand) Public Company Limited is a Thailand-based sustainable manufacturer and supplier of carbon black additives. The Companyâs principal activities are the manufacture and sale of carbon black. The Company provides a complete portfolio of products across ASTM grades and specialty blacks to meet the specific end requirements across rubber, plastics, coatings, inks and niche industries globally. Its key brands include Birla Carbon, Raven and Conductex. Its line of patented carbon blacks has been designed to improve treadwear and rolling resistance while maintaining traction, in addition to lowering the hysteresis of non-tread compounds. Applications include racing and ultra-high-performance tires, passenger and truck treads, and non-tread tire compounds. Its specialty black solutions provide black pigment for color and properties, including UV protection, viscosity and conductivity that improve form and function in plastics, coatings, inks and niche applications.
BIRLA CARBON (THAILAND) 
