Vanachai Group Public Co. Ltd. Reports Consolidated and Company Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
November 13, 2013 at 03:34 am EST
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Vanachai Group Public Co. Ltd. reported consolidated and company earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, consolidated basis, the company reported net profit of THB 10,247,000 or THB 0.01 per share against THB 88,530,000 or THB 0.07 per share a year ago.
For the nine months, consolidated basis, the company reported net loss of THB 271,602,000 or THB 0.21 per share against net profit of THB 376,025,000 or THB 0.29 per share a year ago.
For the quarter, on company basis, the company reported net loss of THB 78,521,000 or THB 0.06 per share against net profit of THB 197,739,000 or THB 0.15 per share a year ago.
For the nine months, on equity method basis, the company reported net loss of THB 158,908,000 or THB 0.12 per share against net profit of THB 293,988,000 or THB 0.23 per share a year ago.
Vanachai Group Public Company Limited is a Thailand-based company, which is engaged in the production and distribution of wood plates, medium-density fiberboards (MDF) boards, Particle boards, Doorskin and Malamine on wood plates. The Company operates through four segments: MDF board, particle board and door skin, Glue, Melamine impregnated paper, and Other. The Company's products include medium-density fiberboards (MDF), particle boards, molded door skin, high-density (HDF) fiberboards and laminated flooring, resins, impregnated paper, as well as urea-formaldehyde adhesive, which is used to add permanent-press qualities to wood fiber. The Companyâs subsidiaries include Particle Planner Co., Ltd., Vanachai Chemical Industries Co., Ltd., Vanachai Panel Industries Co., Ltd., Woodtek International Co., Ltd., Vanachai Energy Industries Co., Ltd., Vanachai Woodsmith Co., Ltd., Vanachai Logistics Co., Ltd., Vanachai Logistics Enterprise Co., Ltd., and PV Wood Co., Ltd.
VANACHAI GROUP 