Lohakit Metal Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021
February 09, 2022 at 08:52 pm EST
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Lohakit Metal Public Company Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was THB 693.04 million compared to THB 643.13 million a year ago. Revenue was THB 705.35 million compared to THB 649.02 million a year ago. Net income was THB 64.74 million compared to THB 38.05 million a year ago. Basic earnings per share from continuing operations was THB 0.17 compared to THB 0.1 a year ago.
For the nine months, sales was THB 1,988.49 million compared to THB 1,573.62 million a year ago. Revenue was THB 2,013.95 million compared to THB 1,587.44 million a year ago. Net income was THB 158.66 million compared to THB 50.45 million a year ago. Basic earnings per share from continuing operations was THB 0.41 compared to THB 0.13 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 
