P.C.S. Machine Group Holding Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 09:33 pm EDT
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P.C.S. Machine Group Holding Public Company Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was THB 993.4 million compared to THB 945.75 million a year ago. Revenue was THB 1,030.93 million compared to THB 1,015.96 million a year ago. Net income was THB 146.75 million compared to THB 173.66 million a year ago. Basic earnings per share from continuing operations was THB 0.096 compared to THB 0.111 a year ago. Basic earnings per share was THB 0.096 compared to THB 0.114 a year ago.
For the six months, sales was THB 2,127.86 million compared to THB 1,997.51 million a year ago. Revenue was THB 2,264.03 million compared to THB 2,097.32 million a year ago. Net income was THB 357.67 million compared to THB 293.54 million a year ago. Basic earnings per share from continuing operations was THB 0.233 compared to THB 0.192 a year ago. Basic earnings per share was THB 0.235 compared to THB 0.192 a year ago.
P.C.S. Machine Group Holding Public Company Limited is a Thailand-based company that is engaged in the manufacturing of automotive components. The Company operates through two segments: the Asia segment and the Europe segment. The Companyâs products include balance mass unit, front cover assembly, exhaust manifold, common rail, balance shaft, idle shafts, oil control valves, oil jet spray nozzles, cylinder of a high-pressure pump, timing gear, exhaust camshaft assembly, camshaft housing assembly, upper oil pan, crankcase, accessories bracket, oil cooler cover, compressor bracket, exhaust camshaft gear, fuel rail, bogie anchorage, crankshaft, steering knuckle, and engine mounting brackets. The Company's subsidiaries include P.C.S. Machine Group Holding GmbH, P.C.S. Precision Works Germany GmbH, P.C.S. Smart Mobility GmbH, P.C.S. Die Casting Velbert GmbH, and others.