Crown Seal Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 06:02 am EDT
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Crown Seal Public Company Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was THB 860.58 million compared to THB 932.88 million a year ago. Revenue was THB 893.62 million compared to THB 978.78 million a year ago. Net income was THB 43.75 million compared to THB 72.24 million a year ago. Basic earnings per share from continuing operations was THB 0.84 compared to THB 1.39 a year ago. Diluted earnings per share from continuing operations was THB 0.83 compared to THB 1.37 a year ago.
For the six months, sales was THB 1,797.25 million compared to THB 1,868.63 million a year ago. Revenue was THB 1,869.29 million compared to THB 1,963.03 million a year ago. Net income was THB 93.74 million compared to THB 152.33 million a year ago. Basic earnings per share from continuing operations was THB 1.8 compared to THB 2.93 a year ago. Diluted earnings per share from continuing operations was THB 1.78 compared to THB 2.88 a year ago.
Crown Seal Public Company Limited is a Thailand-based company, which is engaged in the manufacturing of metal and plastic caps and closures. The Company's segments include manufacture and sale of caps and hire of printing sheets for can. It manufactures and distributes Crown Caps, Pilfer-Proof Caps, Maxi-Crown, Maxi-Cap, Maxi-PG, Plastic Caps and Composite Caps used as bottling and container seals for products, namely carbonated drinks, water, milk, beer, liquor, soda, fruit juice, chicken essence, bird's nest and medical supplies, including hand-held capping machine and maxi-cap sealing machine. It also offers various services, such as quality control, one-stop service, technical service, spare part supply, and equipment sale and service. Its printing service provides coating, printing on steel plate and aluminum sheets. The printing service also covers design and pattern. The pilfer-proof cap is used to seal glass bottles and made of extruded aluminum sheet in a cylinder form.
CROWN SEAL 
