TPI Polene Public Company Limited Reports Consolidated and Company Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
January 10, 2014 at 02:05 am EST
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TPI Polene Public Company Limited reported consolidated and company earnings results for the third quarter and nine months ended September 30, 2013. For the quarter on consolidated basis, net profit was THB 248,658,000 against THB 181,069,000 for the same period last year. Earnings per share were THB 0.12 against THB 0.09 for the same period last year.
For the nine months on consolidated basis, net profit was THB 684,039,000 against THB 259,484,000 for the same period last year. Earnings per share were THB 0.34 against THB 0.13 for the same period last year.
For the quarter on company basis, net profit of THB 186,025,000 against THB 132,380,000 for the same period last year. Earnings per share were THB 0.09 against THB 0.07 for the same period last year.
For the nine months on company basis, net profit of THB 443,273,000 against THB 162,471,000 for the same period last year. Earnings per share were THB 0.22 against THB 0.08 for the same period last year.
TPI Polene Public Company Limited is a Thailand-based company, which is engaged in the manufacturing and distributing of cement products and low-density polyethylene (LDPE)/ ethylene-vinyl acetate (EVA) plastic resin. The Company also has investment in a joint venture in the ammonium nitrate and in related to the steel business of life insurance and others. It offers adhesive mortar, fiber cement 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 16 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.