Crown Seal Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022 at 05:05 am EST
Share
Crown Seal Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was THB 896.56 million compared to THB 709.87 million a year ago. Revenue was THB 935.68 million compared to THB 743.04 million a year ago. Net income was THB 54.11 million compared to THB 43.21 million a year ago. Basic earnings per share from continuing operations was THB 1.04 compared to THB 0.83 a year ago. Diluted earnings per share from continuing operations was THB 1.02 compared to THB 0.82 a year ago.
For the nine months, sales was THB 2,765.19 million compared to THB 2,154.76 million a year ago. Revenue was THB 2,898.71 million compared to THB 2,244.81 million a year ago. Net income was THB 206.44 million compared to THB 164.13 million a year ago. Basic earnings per share from continuing operations was THB 3.97 compared to THB 3.16 a year ago. Diluted earnings per share from continuing operations was THB 3.91 compared to THB 3.11 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.