Panjawattana Plastic Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 09:01 pm EDT
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Panjawattana Plastic Public Company Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was THB 862.37 million compared to THB 852.25 million a year ago. Revenue was THB 904.64 million compared to THB 890.07 million a year ago. Net income was THB 41.66 million compared to THB 10.92 million a year ago. Basic earnings per share from continuing operations was THB 0.068 compared to THB 0.018 a year ago. Diluted earnings per share from continuing operations was THB 0.066 compared to THB 0.018 a year ago.
For the six months, sales was THB 1,770.52 million compared to THB 1,739.57 million a year ago. Revenue was THB 1,854.61 million compared to THB 1,806.59 million a year ago. Net income was THB 82.93 million compared to THB 52.72 million a year ago. Basic earnings per share from continuing operations was THB 0.135 compared to THB 0.087 a year ago. Diluted earnings per share from continuing operations was THB 0.129 compared to THB 0.083 a year ago.
Panjawattana Plastic Public Company Limited is a Thailand-based company. The Companyâs businesses consist of manufacturing and distribution of packaging for consumer products, agrochemical, automotive parts and materials from plastic imitation. Its business segments include Plant-Samuthsakhon, Plant-Chonburi, Plant-Bangkok, Plant-Tianjin (China), Plant-Jiangsu (China) and Business trading segment. Its products are categorized into five groups, which include lubricant packaging, milk and yogurt milk packaging, consumer goods packaging, agrochemicals packaging and automotive plastic parts. The Companyâs subsidiaries include PJ Medical Co., Ltd., Elegance Packaging Co., Ltd., PJW AutoEV Public Company Limited, Panjawatana (Tianjin) Plastic Co., Ltd. and Panjawatana (Jiangsu) Plastic Co., Ltd.