Thai Nippon Rubber Industry Public Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 06:50 am EST
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Thai Nippon Rubber Industry Public Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was THB 435.38 million compared to THB 626.48 million a year ago. Net income was THB 66.68 million compared to THB 129.41 million a year ago. Basic earnings per share from continuing operations was THB 0.22 compared to THB 0.43 a year ago.
For the nine months, sales was THB 1,420.42 million compared to THB 1,591.82 million a year ago. Net income was THB 120.62 million compared to THB 266.46 million a year ago. Basic earnings per share from continuing operations was THB 0.4 compared to THB 0.89 a year ago.
Thai Nippon Rubber Industry Public Co., Ltd. is a Thailand-based company, which is engaged in manufacturing and distributing condoms and lubricating gels, including manufacturing paper packaging products. The Company has the ONETOUCH brand and other trademarks under the Company's license, selling both domestically and internationally through distribution to modern, traditional stores and online stores. It offers condoms in a variety of styles, including size, texture, color, smell and packaging. It also offers condoms with special characteristics, such as benzocaine. The Company produces condoms and lubricant (OEM) according to the needs of both domestic and international customers with customers all over the world. The Companyâs subsidiaries include Box Asia Group International Co., Ltd; TNR (Beijing) Trading Co., Ltd; TNR USA Inc; and TNR Bioscience Co., Ltd.