trending Market Intelligence /marketintelligence/en/news-insights/trending/3c8vaRKXahntwbzaNyQ1PA2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Thai Vegetable Oil Q3 profit climbs YOY

Gender Parity within German Banks


Episode 14: A Quantum of Technology


Deal Trends in Latin America, Issue 13


Capital Markets View April 2021

Thai Vegetable Oil Q3 profit climbs YOY

Thai Vegetable Oil Public Company Ltd said its normalized net income for the third quarter amounted to 59 satang per share, an increase from 22 satang per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 480.7 million baht, an increase from 180.8 million baht in the year-earlier period.

The normalized profit margin climbed to 7.5% from 2.8% in the year-earlier period.

Total revenue fell on an annual basis to 6.39 billion baht from 6.52 billion baht, and total operating expenses declined 6.0% from the prior-year period to 5.87 billion baht from 6.24 billion baht.

Reported net income increased year over year to 659.2 million baht, or 82 satang per share, from 255.3 million baht, or 32 satang per share.

As of Nov. 11, US$1 was equivalent to 35.84 baht.