Panjawattana Plastic Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 05:18 am EST
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Panjawattana Plastic Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was THB 731.27 million compared to THB 774.84 million a year ago. Revenue was THB 782.23 million compared to THB 819.81 million a year ago. Net income was THB 40.29 million compared to THB 19.26 million a year ago. Basic earnings per share from continuing operations was THB 0.065 compared to THB 0.032 a year ago. Diluted earnings per share from continuing operations was THB 0.06 compared to THB 0.029 a year ago.
For the nine months, sales was THB 2,501.78 million compared to THB 2,514.41 million a year ago. Revenue was THB 2,636.84 million compared to THB 2,626.4 million a year ago. Net income was THB 123.22 million compared to THB 71.97 million a year ago. Basic earnings per share from continuing operations was THB 0.2 compared to THB 0.119 a year ago. Diluted earnings per share from continuing operations was THB 0.184 compared to THB 0.109 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.