TPBI Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 07, 2022 at 07:44 pm EDT
Share
TPBI Public Company Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was THB 1,682.85 million compared to THB 1,329.84 million a year ago. Revenue was THB 1,688.4 million compared to THB 1,339.79 million a year ago. Net income was THB 30.27 million compared to net loss of THB 0.252 million a year ago. Basic earnings per share from continuing operations was THB 0.073 compared to basic loss per share from continuing operations of THB 0.001 a year ago.
For the six months, sales was THB 3,321.52 million compared to THB 2,643.79 million a year ago. Revenue was THB 3,334.89 million compared to THB 2,659.65 million a year ago. Net income was THB 58.65 million compared to net loss of THB 12.65 million a year ago. Basic earnings per share from continuing operations was THB 0.141 compared to basic loss per share from continuing operations of THB 0.03 a year ago.
TPBI Public Company Limited is a packaging company. The Company is principally engaged in the manufacture and distribution of plastic bag production, plastic packaging and machines for plastic bag production and providing services for molding, cutting, and film-blowing for plastic bags. Its segments include manufacturing and distribution of plastic packaging segment, manufacturing and distribution of film segment, manufacturing and distribution of flexible packaging segment, manufacturing and distribution of plastic beads segment, trading segment, manufacturing and distribution of paper packaging segment and other segments. Its consumables products include plastic bags, mailing bags, garbage bags, reusable bags, food storage bags, piping bags, and others. Its flexibles packaging products include standing pouches, foil bags, snack packaging, coffee sachet, cosmetic sachet, and spouch. In addition to the plastic packaging, it also has paper packaging, such as paper cups and paper bowls.