Krungthai Car Rent & Lease Public Company Limited. Reports Consolidated and Separate Earnings Results for the Full Year Ended December 31, 2015
February 16, 2016 at 03:27 am EST
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Krungthai Car Rent & Lease Public Company Limited. reported consolidated and parent earnings results for the full year ended December 31, 2015. For the year, the company reported consolidated total income of THB 1,945.788 million compared with THB 1,887.803 million a year ago. Profit before income tax expenses was THB 252.229 million compared with THB 267.412 million a year ago. Profit for the year was THB 203.435 million compared with THB 213.708 million a year ago. Basic earnings per share were THB 0.81 compared with THB 0.85 a year ago. Net cash provided by operating activities was THB 649.242 million compared with THB 720.515 million a year ago. Cash paid for the purchase of fixed assets was THB 2.403 million compared with THB 147.428 million a year ago.
For the year, the company reported parent total income of THB 1,695.862 million compared with THB 1,696.507 million a year ago. Profit before income tax expenses was THB 230.586 million compared with THB 246.505 million a year ago. Profit for the year was THB 186.148 million compared with THB 196.990 million a year ago. Basic earnings per share were THB 0.74 compared with THB 0.79 a year ago. Net cash provided by operating activities was THB 635.149 million compared with THB 714.903 million a year ago. Cash paid for the purchase of fixed assets was THB 1.822 million compared with THB 3.390 million a year ago.
Krungthai Car Rent and Lease Public Company Limited is a Thailand-based provider of operating lease in car rental business and selling of used cars. In addition, the Company also sells the expired leasing car through distribution channels. The Company's segments include car rental and used car distribution. The rental cars are mainly Japanese brands, which are classified as small car, medium car, big car, van, and pickup. It provides insurance for all cars and the Company is responsible for the expenses related to the vehicle. It provides various types of car rentals, both short-term and long-term rentals, to corporate customers in both the public sector and private companies, as well as individuals. It provides services, including long-term rentals, short-term-long-term rentals, maintenance and inspection services, car insurance services, and 24-hour coordination center service. It also offers battery mobile services and mobile services, which include oil change service for cars.
KRUNGTHAI CAR RENT AND LEASE 
