TPI Polene Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 06:39 am EDT
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TPI Polene Public Company Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was THB 1,171.02 million compared to THB 2,425.82 million a year ago. Basic earnings per share from continuing operations was THB 0.062 compared to THB 0.128 a year ago.
For the six months, net income was THB 1,816.66 million compared to THB 4,225.95 million a year ago. Basic earnings per share from continuing operations was THB 0.096 compared to THB 0.223 a year ago.
TPI Polene Public Company Limited is a Thailand-based company, which is engaged in the manufacturing and distributing of cement products and mortar cement under the brand name TPIPL. The Company operates through four segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The Company operates in three industries and has 18 distribution terminals around the country. It operates in the cement industry at Kang-Khoi, Saraburi, and has eight plants consisting of four cement manufacturing plants and four dry mortar manufacturing plants. It operates in the construction materials industry at Amphur Chalermprakiet, Saraburi and has cement roof tiles and fiber cement board manufacturing plants. It operates in the plastic industry at Amphur Muang, Rayong and has two low-density polyethylene (LDPE) and ethylene-vinyl acetate (EVA) plastic manufacturing plants. Its subsidiaries include Key management personnel, Pornchai Enterprise Co., Ltd., and more.