Dynasty Ceramic Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 08, 2021 at 12:51 am EST
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Dynasty Ceramic Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was THB 1,834.06 million compared to THB 2,067.5 million a year ago. Net income was THB 366.39 million compared to THB 413.02 million a year ago. Basic earnings per share from continuing operations was THB 0.04 compared to THB 0.05 a year ago. Diluted earnings per share from continuing operations was THB 0.04 compared to THB 0.047 a year ago.
For the nine months, sales was THB 6,426.56 million compared to THB 6,616.37 million a year ago. Net income was THB 1,312.83 million compared to THB 1,223.82 million a year ago. Basic earnings per share from continuing operations was THB 0.151 compared to THB 0.158 a year ago. Diluted earnings per share from continuing operations was THB 0.151 compared to THB 0.151 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.