Susco Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 05:02 am EST
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Susco 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 6,725.34 million compared to THB 8,719.31 million a year ago. Revenue was THB 7,549.64 million compared to THB 8,775.83 million a year ago. Net income was THB 85.74 million compared to THB 97.71 million a year ago. Basic earnings per share from continuing operations was THB 0.09 compared to THB 0.1 a year ago.
For the nine months, sales was THB 23,553.54 million compared to THB 24,835.52 million a year ago. Revenue was THB 25,690.4 million compared to THB 24,994.72 million a year ago. Net income was THB 1,184.27 million compared to THB 386.65 million a year ago. Basic earnings per share from continuing operations was THB 1.18 compared to THB 0.39 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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