trending Market Intelligence /marketintelligence/en/news-insights/trending/hTAUYo3YTF6d6T62IJOQLA2 content esgSubNav
In This List

PCS Machine Group Q4 profit climbs YOY


Gold - Geopolitical tensions and inflation remain key drivers


Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds


2022 broadband forecast shifts to market share battle with intense competition

PCS Machine Group Q4 profit climbs YOY

P.C.S. Machine Group Holding Public Company Ltd said its normalized net income for the fourth quarter amounted to 6 satang per share, a gain from 3 satang per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 86.7 million baht, a gain from 40.8 million baht in the prior-year period.

The normalized profit margin climbed to 9.8% from 4.3% in the year-earlier period.

Total revenue decreased year over year to 901.4 million baht from 938.4 million baht, and total operating expenses decreased 11.9% year over year to 769.3 million baht from 873.4 million baht.

Reported net income increased on an annual basis to 142.9 million baht, or 9 satang per share, from 65.5 million baht, or 4 satang per share.

For the year, the company's normalized net income totaled 16 satang per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 20 satang.

EPS declined 30.3% from 22 satang in the prior year.

Normalized net income was 238.1 million baht, a decrease of 30.5% from 342.6 million baht in the prior year.

Full-year total revenue fell 9.6% year over year to 3.73 billion baht from 4.12 billion baht, and total operating expenses fell 6.7% on an annual basis to 3.36 billion baht from 3.60 billion baht.

The company said reported net income declined 29.5% year over year to 382.1 million baht, or 25 satang per share, in the full year, from 541.7 million baht, or 35 satang per share.

As of Feb. 28, US$1 was equivalent to 34.86 baht.