trending Market Intelligence /marketintelligence/en/news-insights/trending/SRRNNjyYjjLDO-bb_I_UPQ2 content esgSubNav
In This List

ND Rubber Q2 profit falls YOY

Case Study

An International Logistics Company Streamlines Transfer Pricing for Its Extensive Network of Subsidiaries

Podcast

Next in Tech | Episode 168: AI Data Strategies

Podcast

Street Talk | Episode 126: Hunting the bears, making the bull case for CRE

Blog

Investment Banking Essentials May 15


ND Rubber Q2 profit falls YOY

N.D. Rubber PCL said its normalized net income for the second quarter amounted to 3 satang per share, a decrease of 55.6% from 6 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 6.1 million baht, a decrease of 36.4% from 9.6 million baht in the prior-year period.

The normalized profit margin declined to 2.9% from 4.6% in the year-earlier period.

Total revenue totaled 208.9 million baht, compared with 207.9 million baht in the prior-year period, and total operating expenses climbed from the prior-year period to 195.9 million baht from 191.2 million baht.

Reported net income decreased 28.5% from the prior-year period to 8.7 million baht, or 4 satang per share, from 12.1 million baht, or 8 satang per share.

As of Aug. 6, US$1 was equivalent to 35.15 baht.