trending Market Intelligence /marketintelligence/en/news-insights/trending/DEOpttgV8tuBOei1C75yIw2 content esgSubNav
In This List

Inoue Rubber fiscal Q2 profit climbs YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Inoue Rubber fiscal Q2 profit climbs YOY

Inoue Rubber (Thailand) PCL said its normalized net income for the fiscal second quarter ended March 31 came to 52 satang per share, an increase from 25 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 104.0 million baht, an increase from 50.2 million baht in the prior-year period.

The normalized profit margin increased to 7.3% from 3.6% in the year-earlier period.

Total revenue climbed on an annual basis to 1.43 billion baht from 1.39 billion baht, and total operating expenses declined year over year to 1.26 billion baht from 1.31 billion baht.

Reported net income rose 94.7% from the prior-year period to 138.9 million baht, or 69 satang per share, from 71.4 million baht, or 36 satang per share.

As of May 12, US$1 was equivalent to 33.74 baht.