Union Petrochemical Public Company Limited Reports Audited Consolidated and Company Earnings Results for the Year Ended December 31, 2017
February 26, 2018 at 08:34 pm EST
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Union Petrochemical Public Company Limited reported audited consolidated and company earnings results for the year ended December 31, 2017. For the year, the consolidated company reported profit attributable equity holders of the company of THB 125.7 million or THB 0.102 per basic share compared to THB 143.2 million or THB 0.116 per basic share for the last year. Total revenues were THB 3,059.6 million compared to THB 2,872.9 million, profit before finance cost and income tax expenses was THB 228.9 million compared to THB 245.4 million, profit before income tax expenses was THB 218.8 million compared to THB 235.3 million for the last year. Net cash flows from operating activities was THB 19.1 million compared to THB 135.2 million and acquisition of vehicle and equipment was THB 104.1 million compared to THB 19.3 million for the last year.
For the year, the company reported profit attributable equity holders of the company of THB 118.0 million or THB 0.095 per basic share compared to THB 90.9 million or THB 0.074 per basic share for the last year. Total revenues were THB 2,396.9 million compared to THB 2,075.0 million, profit before finance cost and income tax expenses was THB 151.7 million compared to THB 118.5 million, profit before income tax expenses was THB 145.5 million compared to THB 113.9 million for the last year. Net cash flows used in operating activities was THB 36.4 million compared to THB 7.7 million and acquisition of vehicle and equipment was THB 20.3 million compared to THB 14.5 million for the last year.
Union Petrochemical Public Company Limited is a Thailand-based company engaged in the import, export and distribution of chemicals. The Companyâs segments include Commodity chemicals, Specialty chemicals and Other segments. Its products include Acetone, Butyl Acetate, Butyl Acrylate, Cyclohexanone, DB Solvent, Di Acetone Alcohol, Di Ethylene Glycol, Isopar C Fluid, Isopar E Fluid, Isopar G Fluid, Isopar H Fluid, Exxal 13, ExxonMobil AP03B, ExxonMobil AP3AW, ExxonMobil AP3N, ExxonMobil AXO3BE3, M-500, N-Propyl Acetate, Propylene glycol methyl ether (P.M.), P.M.A. and Propylene Glycol, Sinochem PPL5D98, Sinochem PPL5E89, Solvent 3040, Solvesso 100, Solvesso 150, Solvesso 200, White Spirit 3040, Xylene, YS-H01 and YS-W01. Its products are used as raw materials/components for different finished products, such as baby and adult diapers, garments and textiles, medical devices, face masks, and other industries. Its products are manufactured and distributed under the Venus trademark.