Pioneer Motor Public Company Limited Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 06:05 am EDT
Share
Pioneer Motor Public Company Limited announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was THB 160.266 million compared to THB 147.177 million a year ago. Operating income was THB 10.700 million compared to THB 1.667 million a year ago. Net income was THB 10.786 million compared to THB 1.384 million a year ago. Basic earnings per share was THB 0.017 compared to THB 0.002 a year ago. For the half year, sales was THB 339.563 million compared to THB 325.394 million a year ago. Operating income was THB 31.009 million compared to THB 12.751 million a year ago. Net income was THB 30.506 million compared to THB 10.248 million a year ago. Basic earnings per share was THB 0.049 compared to THB 0.019 a year ago.
Pioneer Motor Public Company Limited is a Thailand-based company. The Company is engaged in the business of manufacturing and distributing air-conditioning electric motors, industrial motors, dewatering, centrifugal pumps, motors for pools and spas and motor home pumps. The operations of the Company involve the single industry segment of manufacturing and distributing electric motors categorized by motor product groups, including air conditioner electric motors, induction motors, and pumps, dewatering, centrifugal pumps, motors for pools and spas, and motor home pumps. Its manufacturing plant is situated in Nakornchaisri. The Companyâs wholly owned subsidiary is VSM (Thailand) Co., Ltd.
PIONEER MOTOR 
