Taokaenoi Food & Marketing Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 07:07 pm EST
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Taokaenoi Food & Marketing 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 1,435.98 million compared to THB 1,208.7 million a year ago. Revenue was THB 1,452.79 million compared to THB 1,239.76 million a year ago. Net income was THB 214.85 million compared to THB 179.97 million a year ago. Basic earnings per share from continuing operations was THB 0.16 compared to THB 0.13 a year ago.
For the nine months, sales was THB 3,983.82 million compared to THB 3,135.14 million a year ago. Revenue was THB 4,028.41 million compared to THB 3,183.41 million a year ago. Net income was THB 575.82 million compared to THB 313.56 million a year ago. Basic earnings per share from continuing operations was THB 0.42 compared to THB 0.22 a year ago.
Taokaenoi Food & Marketing Public Company Limited is engaged in the manufacturing and distribution of fried, grilled, and baked seaweed and seaweed snacks. The Companyâs segments include Snacks, Retailer, and Others. The Snacks segment represents a manufacturer and distributor of fried, grilled, and baked seaweed and seaweed snacks in both domestic and overseas markets. The Retailer segment represents a retailer of snacks, food, and beverages. Its product categories include Season Lavered, Big Sheet, Roasted Big Sheet, Crispy Seaweed, Just Drink, Big Roll, Tempura Seaweed, Finger Roll, Big Bag, and Furikake. Its Season Lavered category includes Spicy 15G, Classic 40G, Spicy, and Classic. The Big Sheet category consists of Double Chilli, Smoked Burger, Tom Yum Shrimp Paste, Tom Yum Goong, Japanese Sauce, and others. Its subsidiaries include Taokanoi Care Company Limited, NCP Trading & Supply Company Limited, Taokaenoi Restaurant & Franchise Company Limited, and TAOKAENOI USA, Inc.