Sunsweet Public Company Limited Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 05, 2019
Share
Sunsweet Public Company Limited announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was THB 512.378 million compared to THB 479.222 million a year ago. Net income was THB 953,648 compared to THB 28.948 million a year ago. Basic earnings per share was THB 0.002 compared to THB 0.07 a year ago. For the nine months, sales was THB 1,387.728 million compared to THB 1,378.531 million a year ago. Net loss was THB 32.727 million compared to net income of THB 55.268 million a year ago. Basic loss per share was THB 0.08 compared to basic earnings per share of THB 0.13 a year ago.
Sunsweet Public Company Limited is a Thailand-based company focused on manufacturing and distributing agricultural products, including fresh and processed fruits and vegetables. The company manufactures and distributes processed sweet corn and other agricultural products under the brand KC. The Companyâs segments include Sales of goods in the domestic segment and Export of goods to overseas segment. The Companyâs product portfolio includes Canned Sweet Corn, Boiled Tiger Peanut, Whole Grains, Sweet Corn, Double Sweet Corn, Grilled Orange Sweet Potato, Grilled Puple Sweet Potato, Frozen Corn Cob, and Frozen Cut Corn, among others. The Company, through its subsidiary, Sunsweet International Co., Ltd., engages in sourcing and selling food and agricultural products to support domestic and foreign customers, such as fresh onion, tapioca starch, canned pineapple, corn oil, sunflower oil, and ketchup. The subsidiary is focused on selling consumable products through vending machines.