Thai Mitsuwa Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 14, 2024 at 01:31 am EST
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Thai Mitsuwa Public Company Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was THB 1,013.14 million compared to THB 998.03 million a year ago. Revenue was THB 1,016.6 million compared to THB 1,002.9 million a year ago. Net income was THB 148.08 million compared to THB 76.65 million a year ago. Basic earnings per share from continuing operations was THB 3.71 compared to THB 1.92 a year ago.
For the nine months, sales was THB 3,032.64 million compared to THB 2,777.91 million a year ago. Revenue was THB 3,053.34 million compared to THB 2,786.4 million a year ago. Net income was THB 398.68 million compared to THB 172.87 million a year ago. Basic earnings per share from continuing operations was THB 9.99 compared to THB 4.33 a year ago.
Thai Mitsuwa Public Company Limited is a Thailand-based company principally engaged in the manufacture and sale of plastic, magnesium products and trading of molds. The Company operates through three segments: Manufacture and sales of plastic segment, Manufacture and sales of magnesium segment, and Manufacture and sales of mold segment. Its products include automotive parts, home appliances and magnesium products. Its automotive plastic parts for cars, trucks and motorcycle parts include fenders, front and rear panels, bumpers, door handles, side mirrors, wiper units and inside car audio systems and components. Its plastic parts for audio-visual products include DVD, home systems, frames of video players, panels of television (TV) cameras, video cameras, digital cameras and others. The Company has two plants located at 159 Moo 6, Tambol Tha-Ang, Amphur Chokchai, Nakhonratchasima and 999/27 Moo 1, Tambol Naklang, Amphur Soongnuen, Nakhonratchasima.
THAI MITSUWA 
