Dynasty Ceramic Public Company Limited Reports Consolidated and Parent Earnings Results for the First Quarter Ended March 31, 2016
April 25, 2016 at 02:11 pm EDT
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Dynasty Ceramic Public Company Limited reported unreviewed consolidated and parent earnings results for the first quarter ended March 31, 2016. For the quarter, on consolidated basis, the company reported net profit of THB 439,175,000 or THB 0.067 per share against THB 383,854,000 or THB 0.059 per share a year ago. Revenue from sales was THB 2,085,609,000 against THB 2,023,836,000 a year ago. Income before income tax was THB 548,264,000 against THB 477,848,000 a year ago. Allocation of income for the period portion of the company's shareholders was THB 439,175,000 against THB 383,854,000 a year ago. Net cash provided from operating activities was THB 887,181,000 against THB 790,277,000 a year ago. Acquisitions of assets was THB 183,032,000 against THB 50,292,000 a year ago. Acquisitions of intangible assets was THB 2,745,000 against THB 473,000 a year ago.
For the quarter, the parent company reported net profit of THB 444,340,000 or THB 0.068 per share against THB 357,352,000 or THB 0.055 per share a year ago. Revenue from sales was THB 2,085,609,000 against THB 2,023,836,000 a year ago. Income before income tax was THB 555,207,000 against THB 447,437,000 a year ago. Allocation of income for the period portion of the company's shareholders was THB 444,340,000 against THB 357,352,000 a year ago. Net cash provided from operating activities was THB 819,955,000 against THB 753,815,000 a year ago. Acquisitions of assets was THB 144,701,000 against THB 38,328,000 a year ago. Acquisitions of intangible assets was THB 2,745,000 against THB 473,000 a year ago.
Dynasty Ceramic Public Company Limited is a Thailand-based company, which is principally engaged in the manufacturing and selling of ceramic wall and floor tiles, together with space rental and providing utilities service. The Company purchases the ceramic floor, wall and Tile grout from Tile Top Industry Public Co., Ltd., which is a subsidiary of the Company. The Company also purchases the ceramic floor and wall from The Royal Ceramic Industry Public Co., Ltd., which is a subsidiary of the Company. The Company orders other related products, such as Tile grout, Tile adhesive, Corner-trim for sale. The ceramic tiles produced by the Company and its subsidiaries comprise under the trademark Dynasty, Tile Top, Jaguar, Value, Mustang, Chicken, Birdie, Ducky, Swan, M, Cosmo and RCI. It distributes tiles through outlets, more than 200 outlets, which are its outlets. It owns one factory and other three factories of subsidiary company is located in Nong Khae district, Saraburi province.