The Steel Public Company Limited Announces Audited Consolidated and Company Earnings Results for the Full Year Ended December 31, 2017
February 27, 2018 at 05:12 am EST
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The Steel Public Company Limited announced audited consolidated and company earnings results for the full year ended December 31, 2017. For the year, on consolidated basis, the company reported revenue from sales and services of THB 13,788,265,937.74 against THB 15,798,647,665.60 a year ago. Profit before tax was THB 168,024,895.08 against THB 600,019,681.59 a year ago. Profit attributable to shareholders of the company was THB 200,497,478.31 or THB 0.18 per basic share against THB 545,291,484.50 or THB 0.50 per basic share a year ago. Net cash provided from operating activities was THB 1,282,895,291.23 against net cash used in operating activities of THB 97,958,114.09 a year ago. Cash paid for purchase of fixed assets was THB 506,050,810.96 against THB 69,131,702.46 a year ago. Cash paid for purchase of other intangible assets was THB 646,600.00 against THB 571,500.00 a year ago.
For the year, the company reported revenue from sales and services of THB 12,848,281,843.92 against THB 13,369,773,792.63 a year ago. Profit before tax was THB 190,793,740.69 against THB 530,687,531.37 a year ago. Profit for the year was THB 193,907,279.33 or THB 0.18 per basic share against THB 483,705,588.11 or THB 0.44 per basic share a year ago. Net cash provided from operating activities was THB 1,207,268,841.82 against net cash used in operating activities of THB 142,702,242.37 a year ago. Cash paid for purchase of fixed assets was THB 362,741,204.72 against THB 41,245,274.61 a year ago. Cash paid for purchase of other intangible assets was THB 496,800.00 against THB 571,500.00 a year ago.
The Steel Public Company Limited is a Thailand-based company engaged in providing various types of steel products. The principal activities of the Company and its subsidiaries are selling and transforming hot rolled steel sheets and coils and other structural steels and logistic services of steels. It operates through two segments: sales of steel and logistics services. The Companyâs products include hot-rolled steel coils, cold-rolled steel coils, galvanized steel coils, lip channel steel, carbon steel square pipe, carbon steel rectangular pipe, carbon steel round pipe, H-Beam, I-Beam, wide flange, steel sheet piles, angle steel bars, channel steel bars, hot rolled steel sheets, checkered plates, cold-rolled steel sheets, hot-dip galvanized steel sheets, round steel bars and deformed steel bars. Its subsidiaries include The Steel Logistics Co., Ltd., The Steel Industries Co., Ltd., and Liberty Steel Siam Co., Ltd.