Panjawattana Plastic Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 08:25 pm EST
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Panjawattana Plastic Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was THB 774.84 million compared to THB 749.58 million a year ago. Revenue was THB 819.81 million compared to THB 753.93 million a year ago. Net income was THB 19.26 million compared to THB 30.91 million a year ago. Basic earnings per share from continuing operations was THB 0.032 compared to THB 0.0486 a year ago. Diluted earnings per share from continuing operations was THB 0.031 compared to THB 0.0486 a year ago.
For the nine months, sales was THB 2,514.41 million compared to THB 2,289.44 million a year ago. Revenue was THB 2,626.4 million compared to THB 2,303.51 million a year ago. Net income was THB 71.97 million compared to THB 119.96 million a year ago. Basic earnings per share from continuing operations was THB 0.119 compared to THB 0.199 a year ago. Diluted earnings per share from continuing operations was THB 0.111 compared to THB 0.199 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.