Thai Stanley Electric Public Company Limited Reports Earnings Results for the Second Quarter Ended September 30, 2018
November 05, 2018 at 06:12 am EST
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Thai Stanley Electric Public Company Limited announced earnings results for the second quarter ended September 30, 2018. For the second quarter, the company announced sales was THB 3,586.251 million compared to THB 3,220.337 million a year ago. Operating income was THB 530.423 million compared to THB 408.219 million a year ago. Net income was THB 504.685 million compared to THB 382.117 million a year ago. Basic earnings per share was THB 6.586430408 compared to THB 4.98684629 a year ago.
For the half year, sales was THB 6,888.585 million compared to THB 6,188.887 million a year ago. Operating income was THB 933.146 million compared to THB 702.908 million a year ago. Net income was THB 886.667 million compared to THB 677.662 million a year ago. Basic earnings per share was THB 11.57152007 compared to THB 8.843876398 a year ago.
Thai Stanley Electric Public Company Limited is a Thailand-based integrated manufacturer of automotive lighting. The principal business operation of the Company is the manufacture and sales of automotive bulbs, lighting equipment, molds and dies, and product designs. The Company's product categories include automotive lighting products, motorcycle lighting products, auto bulb products, and die and mold product. The Company's automotive lighting products are headlamps and rare combination lamps. Its motorcycle lighting products are head combination lamps and rare combination lamps. The Company also operates a bulb plant, lamp plant, die, mold plants, and research and development center, which applies the technology to the research and development activities to improve product design. The Company offers its services to the customers, such as Honda, Toyota, Nissan, Ducati, Ford, Suzuki, and Yamaha.