The Steel Public Company Limited Reports Reviewed Consolidated and Company Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
November 14, 2014 at 12:02 pm EST
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The Steel Public Company Limited reported reviewed consolidated and company earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, on consolidated basis, the company reported net profit of THB 65.609 million or THB 0.16 per share against THB 22.510 million or THB 0.06 per share a year ago. Total revenue of the company and subsidiaries for the quarter equaled THB 4,069.0 million compared with THB 3,026.9 million for the same period of 2013, revenue increased THB 1,042.1 million or 34.4% mainly due to sale quantities increased around 19.2%, and selling prices increased around 5.3%, but cost of sale also increased, resulting gross profit of 2 periods were close.
For the nine months, on consolidated basis, the company reported net profit of THB 113.334 million or THB 0.28 per share against loss of THB 119.437 million or THB 0.30 per share a year ago.
For the quarter, on company basis, the company reported net profit of THB 17.788 million or THB 0.04 per share against THB 25.778 million or THB 0.06 per share a year ago.
For the nine months, on company basis, the company reported net profit of THB 80.640 million or THB 0.37 per share against loss of THB 154.484 million or THB 0.39 per share 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.
The Steel Public Company Limited Reports Reviewed Consolidated and Company Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014