Lohakit Metal Public Company Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
February 10, 2021 at 05:07 am EST
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Lohakit Metal Public Company Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was THB 649.017 million compared to THB 639.438 million a year ago. Operating income was THB 65.131 million compared to THB 34.156 million a year ago. Net income was THB 38.054 million compared to THB 16.856 million a year ago. Basic earnings per share from continuing operations was THB 0.1 compared to THB 0.04 a year ago. For the nine months, total revenue was THB 1,587.436 million compared to THB 2,114.883 million a year ago. Operating income was THB 87.212 million compared to THB 112.599 million a year ago. Net income was THB 50.451 million compared to THB 56.988 million a year ago. Basic earnings per share from continuing operations was THB 0.13 compared to THB 0.15 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 
