Dynasty Ceramic Public Company Limited Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 06:49 am EDT
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Dynasty Ceramic Public Company Limited announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was THB 2,049.329 million compared to THB 1,986.152 million a year ago. Net income was THB 207.389 million compared to THB 247.056 million a year ago. Basic earnings per share from continuing operations was THB 0.03 compared to THB 0.038 a year ago. Diluted earnings per share from continuing operations was THB 0.027 compared to THB 0.038 a year ago. For the half year, sales was THB 4,364.988 million compared to THB 4,210.102 million a year ago. Net income was THB 513.479 million compared to THB 525.822 million a year ago. Basic earnings per share from continuing operations was THB 0.076 compared to THB 0.081 a year ago. Diluted earnings per share from continuing operations was THB 0.068 compared to THB 0.081 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.