TOA Paint (Thailand) Public Company Limited announced consolidated and company earnings results for the first quarter ended March 31, 2018. For the quarter, on consolidated basis, the company announced net profit was THB 540,859,000 compared to THB 496,992,000 a year ago. EPS was THB 0.27 compared to THB 0.47 a year ago. For the three months ended March 31, 2017 and 2018, sales revenue amounted to THB 3,951.4 million and THB 4,215.5 million, respectively, which increased THB 264.1 million, or 6.7%. The increase was primarily driven by an increase in decorative paint and coating products sales revenue due to the increased average selling price and increased sales volume. Profit before finance cost and income tax was THB 694.4 million compared to THB 636.9 million for the same period a year ago. For the quarter, on company only basis, the company announced net profit was THB 645,111,000 compared to THB 468,549,000 a year ago. EPS was THB 0.32 compared to THB 0.44 a year ago.