Lohakit Metal Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 14, 2024 at 05:03 am EST
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Lohakit Metal Public Company Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was THB 651.65 million compared to THB 672.8 million a year ago. Revenue was THB 660.11 million compared to THB 678.96 million a year ago. Net income was THB 21.39 million compared to THB 18.91 million a year ago. Basic earnings per share from continuing operations was THB 0.06 compared to THB 0.05 a year ago.
For the nine months, sales was THB 1,970.93 million compared to THB 2,033.03 million a year ago. Revenue was THB 1,992.2 million compared to THB 2,055.08 million a year ago. Net income was THB 53.44 million compared to THB 78.4 million a year ago. Basic earnings per share from continuing operations was THB 0.14 compared to THB 0.2 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 
