Shrinkflex (Thailand) 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 218.51 million compared to THB 230.29 million a year ago. Revenue was THB 222.4 million compared to THB 235.03 million a year ago. Net income was THB 7.87 million compared to THB 23.12 million a year ago. Basic earnings per share from continuing operations was THB 0.02 compared to THB 0.05 a year ago.
For the nine months, sales was THB 696.23 million compared to THB 650.99 million a year ago. Revenue was THB 703.48 million compared to THB 659.81 million a year ago. Net income was THB 24.46 million compared to THB 62.98 million a year ago. Basic earnings per share from continuing operations was THB 0.06 compared to THB 0.14 a year ago.