Lohakit Metal Public Company Limited Reports Earnings Results for the Second Quarter Ended September 30, 2020
November 12, 2020 at 05:15 am EST
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Lohakit Metal Public Company Limited announced earnings results for the second quarter ended September 30, 2020. For the second quarter, the company announced total revenue was THB 522.189 million compared to THB 750.376 million a year ago. Operating income was THB 26.738 million compared to THB 43.515 million a year ago. Net income was THB 15.028 million compared to THB 22.602 million a year ago. Basic earnings per share from continuing operations was THB 0.0004 compared to THB 0.0006 a year ago. For the half year, total revenue was THB 938.628 million compared to THB 1,475.445 million a year ago. Operating income was THB 22.081 million compared to THB 78.443 million a year ago. Net income was THB 12.397 million compared to THB 40.132 million a year ago. Basic earnings per share from continuing operations was THB 0.0003 compared to THB 0.001 a year ago.
Lohakit Metal Public Company Limited is a Thailand-based company. The Company is principally engaged in the processing, distribution and shearing of stainless steel, steel, and metal products. It is a service provider managing the supply chain, including the delivery, and processing of metal and non-ferrous materials (stainless steel, coated steel, aluminum, copper, and brass). The Companyâs product type includes cold rolled stainless steel coil, hot rolled stainless steel coil, decorative stainless steel pipe, square stainless steel pipe, automobile industry pipe, galvanized steel sheet roll, and galvanized sheet roll. The Company also supplies stainless steel pipes under the brand name D-Stainless. Its subsidiaries include Auto Metal Company Limited, which is engaged in the production and distribution of stainless steel pipes for the automotive industry; and Alternative EnMat Company Limited, which is engaged in the distribution of metal and non-ferrous metal products.
LOHAKIT METAL 
