AAPICO Hitech Public Company Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 05:30 am EST
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AAPICO Hitech Public Company Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was THB 4,897.153 million compared to THB 4,602.975 million a year ago. Operating income was THB 383.733 million compared to THB 413.217 million a year ago. Net income was THB 301.777 million compared to THB 203.803 million a year ago. Basic earnings per share from continuing operations was THB 0.935 compared to THB 0.641 a year ago. For the nine months, total revenue was THB 12,106.070 million compared to THB 13,840.077 million a year ago. Operating income was THB 291.511 million compared to THB 940.524 million a year ago. Net income was THB 1.274 million compared to THB 560.735 million a year ago. Basic earnings per share from continuing operations was THB 0.004 compared to THB 1.769 a year ago.
AAPICO Hitech Public Company Limited is a Thailand-based company. The Company is principally engaged in the manufacture and distribution of automobile parts, dies, and jigs. The Companyâs segments include the manufacture of auto parts segment, sales of automobiles and provision of automobile repair services segment, and other segments that represent the manufacture and sales of car navigation systems and services relating to technology. The Company is focused on manufacturing OEM automotive parts, including floor parts, cross members, pillars, brackets, clips, and fuel tanks, for leading automobile assemblers in Thailand. The Company is focused on the OEM auto parts manufacturing business, the car dealership business, and the Internet of Things (IoT) connectivity and mobility business. Its subsidiaries include AAPICO Amata Company Limited, New Era Sales Company Limited, Able Motors Company Limited, AAPICO Hitech Parts Company Limited, and AAPICO Hitech Tooling Company Limited.
AAPICO HITECH 
