Arrow Syndicate Public Company Limited Reports Audited Consolidated and Company Earnings Results for the Full Year Ended December 31, 2017
February 27, 2018 at 07:23 pm EST
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Arrow Syndicate Public Company Limited reported audited consolidated and company earnings results for the full year ended December 31, 2017. For the period, on consolidated basis, profit attributable to equity holders of the parent of THB 191,302,178.43 or THB 0.76 per share against THB 262,708,261.23 or THB 1.04 per share a year ago. Revenue was THB 1,223,177,528.46 compared to THB 1,202,948,212 a year ago. Profit before income tax expenses of THB 229,458,646.63 compared to THB 312,040,939.82 a year ago. Net cash provided by operating activities of THB 71,794,779.37 and purchase of fixed assets and intangible assets of THB 70,345,715.84 against net cash provided by operating activities of THB 201,122,779.34 and purchase of fixed assets and intangible assets of THB 54,444,759.67 a year ago.
For the period, on company basis, profit attributable to equity holders of the parent of THB 143,313,639.52 or THB 0.57 per share against THB 222,778,912.29 or THB 0.88 per share a year ago. Revenue was THB 977,613,881.23 compared to THB 871,105,957.60 a year ago. Profit before income tax expenses of THB 161,127,837.82 compared to THB 246,709,659.85 a year ago. Net cash provided by operating activities of THB 78,955,112.75 and purchase of fixed assets and intangible assets of THB 23,924,861.23 against net cash provided by operating activities of THB 155,521,032.90 and purchase of fixed assets and intangible assets of THB 17,104,478.53 a year ago.
Arrow Syndicate Public Company Limited is a Thailand-based company engaged in manufacturing and selling various conduits in construction, and building, as well as electrical conduits and polypropylene random copolymer (PPR) piping for water treatment systems. The Companyâs products include Electrical Metallic Tubing, Intermediate Metallic Conduit, Rigid Steel Conduit, Ductile Iron Conduit Square lock type, Ductile Iron Conduit Interlock type, Waterproof Mild Steel Pipe Conduit, Ventilation pipe, Spiral Round Duct pipes, Air ducts, Ventilation ducts, Silo ducts, Conveying ducts, Post Tension ducts, among others. It also offers hot and cold resistant water pipes. The Companyâs subsidiaries include J.S.V. Technical Company Limited and MeKa-s Company Limited. Its J.S.V. Technical Company Limited is engaged in manufacturing and producing air cooling conduit. The Company offers its products across Australia, Japan, Singapore, Indonesia, Vietnam, Myanmar, Malaysia, Cambodia and Saudi Arabia.