(Bloomberg) -- Siam Cement Pcl, Thailand's third-
largest publicly traded company, said second-quarter profit rose
16 percent as one-time gains from stake sales in units offset
higher costs.
Net income rose to 8.82 billion baht ($263 million), or
7.35 baht a share, from a restated 7.63 billion baht, or 6.36
baht a share, a year earlier, the Bangkok-based company said in
a Thai stock exchange filing today. Sales were little changed at
63.6 billion baht in the second quarter, from 63.8 billion baht
a year ago. Cost of sales rose 3.4 percent to 52.1 billion baht
from 50.4 billion, today's financial statements show.
Read more at Bloomberg Emerging Markets News
largest publicly traded company, said second-quarter profit rose
16 percent as one-time gains from stake sales in units offset
higher costs.
Net income rose to 8.82 billion baht ($263 million), or
7.35 baht a share, from a restated 7.63 billion baht, or 6.36
baht a share, a year earlier, the Bangkok-based company said in
a Thai stock exchange filing today. Sales were little changed at
63.6 billion baht in the second quarter, from 63.8 billion baht
a year ago. Cost of sales rose 3.4 percent to 52.1 billion baht
from 50.4 billion, today's financial statements show.
Read more at Bloomberg Emerging Markets News
No comments:
Post a Comment