Eastern Polymer Group Public Company Limited Announces Unaudited Consolidated and Separate Earnings Results for the First Quarter Ended June 30, 2018
August 10, 2018 at 07:35 am EDT
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Eastern Polymer Group Public Company Limited announced unaudited consolidated and separate earnings results for the first quarter ended June 30, 2018. For the quarter, on consolidated basis, reported revenue from sales of goods was THB 2,623,226,989 compared to THB 2,382,376,673 a year ago. Profit before income tax was THB 320,324,544 compared to THB 320,821,637 a year ago. Profit attributable to equity holders of the parent was THB 304,912,503 compared to THB 285,594,783 a year ago. Basic and diluted earnings per share to the equity holders of the parent was THB 0.109 compared to THB 0.102 a year ago. Net cash generated from operating activities was THB 320,142,407 compared to THB 309,403,678 a year ago. Cash paid for purchase of property, plant and equipment was THB 120,032,242 compared to THB 166,214,800 a year ago. Cash paid for purchase of intangible assets was THB 15,126,432 compared to THB 12,141,820 a year ago.
For the quarter, on separate basis, reported profit before income tax was THB 209,998,144 compared to THB 3,292,647 a year ago. Profit attributable to equity holders of the parent was THB 208,285,578 compared to THB 2,568,140 a year ago. Basic and diluted earnings per share to the equity holders of the parent was THB 0.074 compared to THB 0.001 a year ago. Net cash generated from operating activities was THB 12,515,356 compared to THB 12,638,413 a year ago. Cash paid for purchase of property, plant and equipment was THB 67,843 compared to THB 836,102 a year ago.
Eastern Polymer Group Public Company Limited is a Thailand-based company, which is engaged in investing in other companies. The principal business activities are the manufacture and distribution of rubber insulation, automotive parts, plastic packing, and the research and development business. The Company operates in four segments: Rubber insulation, Automotive plastics, Packaging plastics, and Others. The Companyâs subsidiaries include Aeroflex Co.,Ltd., which is engaged in rubber insulation manufacturing; Aeroklas Co., Ltd., which is engaged in bedliners and covers of pickup trucks and automotive accessories manufacturing; Eastern Polypack Co., Ltd., which is engaged in plastic packaging manufacturing; EPG Innovation Center Co., Ltd., which is engaged in research and development and calibration services, and Aeroflex Polymer Technologies (Shanghai) Co., Ltd., which is engaged in Rubber insulation manufacturing and import and export of machinery and chemicals.