Susco Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 06:02 am EDT
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Susco Public Company Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was THB 7,828.64 million compared to THB 8,851 million a year ago. Revenue was THB 9,057.49 million compared to THB 8,899.64 million a year ago. Net income was THB 982.14 million compared to THB 158.35 million a year ago. Basic earnings per share from continuing operations was THB 0.98 compared to THB 0.16 a year ago.
For the six months, sales was THB 16,828.2 million compared to THB 16,116.21 million a year ago. Revenue was THB 18,140.76 million compared to THB 16,218.89 million a year ago. Net income was THB 1,098.54 million compared to THB 288.94 million a year ago. Basic earnings per share from continuing operations was THB 1.1 compared to THB 0.29 a year ago.
Susco Public Company Limited is a Thailand-based company engaged as a wholesaler and retailer of fuel products. The Companyâs fuel products consist of benzene, diesel oil, gasohol, natural gas, liquefied petroleum gas (LPG) and lubricants. The Companyâs products are sold through wholesale and retail under the brand name SUSCO. The Company operates approximately 250 fuel service stations located across Bangkok areas, the North, South, Central, Northeastern region and Western region of Thailand. The Company owns three oil depots, namely Rat Burana Oil Terminal, Surat Thani Oil Depot and Songkhla Oil Terminal. Its subsidiaries include Siam Mongkol Oil Co., Ltd., Sirijaroenwattana Co., Ltd., SUSCO Dealers Co., Ltd, SUSCO Marketing Co., Ltd, SUSCO Property Co., Ltd. and SUSCO Beyond Co., Ltd.
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