Thai Stanley Electric Public Company Limited Reports Earnings Results for the Second Quarter Ended September 30, 2019
November 11, 2019 at 05:43 am EST
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Thai Stanley Electric Public Company Limited announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was THB 4,086.562 million compared to THB 3,586.251 million a year ago. Operating income was THB 639.538 million compared to THB 530.423 million a year ago. Net income was THB 599.476 million compared to THB 504.685 million a year ago. Basic earnings per share was THB 7.823508555 compared to THB 6.586430408 a year ago. For the half year, sales was THB 7,505.235 million compared to THB 6,888.585 million a year ago. Operating income was THB 973.350 million compared to THB 933.146 million a year ago. Net income was THB 933.526 million compared to THB 886.667 million a year ago. Basic earnings per share was THB 12.18305455 compared to THB 11.57152007 a year ago.
Thai Stanley Electric Public Company Limited is a Thailand-based integrated manufacturer of automotive lighting. The principal business operation of the Company is the manufacture and sales of automotive bulbs, lighting equipment, molds and dies, and product designs. The Company's product categories include automotive lighting products, motorcycle lighting products, auto bulb products, and die and mold product. The Company's automotive lighting products are headlamps and rare combination lamps. Its motorcycle lighting products are head combination lamps and rare combination lamps. The Company also operates a bulb plant, lamp plant, die, mold plants, and research and development center, which applies the technology to the research and development activities to improve product design. The Company offers its services to the customers, such as Honda, Toyota, Nissan, Ducati, Ford, Suzuki, and Yamaha.