trending Market Intelligence /marketintelligence/en/news-insights/trending/UMNVrOzscym7XU7wfztMIA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Union Textile Industries Q2 profit falls YOY

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Union Textile Industries Q2 profit falls YOY

Union Textile Industries Public Company Ltd said its second-quarter normalized net income came to 12 satang per share, a decrease of 19.5% from 15 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 5.5 million baht, a decrease of 19.5% from 6.8 million baht in the prior-year period.

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

Total revenue decreased 22.5% on an annual basis to 185.8 million baht from 239.6 million baht, and total operating expenses declined 22.3% from the prior-year period to 184.5 million baht from 237.4 million baht.

Reported net income decreased 20.6% from the prior-year period to 4.5 million baht, or 10 satang per share, from 5.7 million baht, or 13 satang per share.

As of Aug. 11, US$1 was equivalent to 35.39 baht.