HoonSmart.com>> “Thai Stanley Electric” reveals Q1/64 net profit of 383 million baht, turning from the same period last year that was affected by Covid-19, a loss of 184 million baht. The automobile industry returned to produce more. Supporting sales growth of 87%, reaching 3,218 million baht
Thai Stanley Electric Company (STANLY) reveals its operating results for the first quarter of 2021 (April 1 – June 30, 2021), net profit 383.48 million baht, earnings per share 5.00 baht, reversing from the same period of the year. Before net loss of 184.05 million baht, loss per share of 2.40 baht, representing a growth of 308.35%.
Increased net profit as a result of the company Increased sales and production at the Economical of Scale level of production and continuous improvement in production efficiency. including strict control of waste and expenses
The company had sales of 3,218.77 million baht, an increase of 1,500.13 million baht or 87.29% from the same period last year with sales of 1,718.64 million baht due to the automotive industry resumed production. After being affected by the COVID-19 epidemic During the same period last year affect both domestic and export business including the entire automotive industry
The number of cars produced was 378,768 units, an increase of only 152,450 units from the same period last year, an increase of 148.45%, with exports of 215,381 units, an increase of 100,269 units, an increase of 114.80%, while domestic sales amounted to 175,832 units, an increase. 41.58% from the previous year
As for motorcycles, a total production of 488,908 units increased from the same period last year, only produced 206,005 units, an increase of 137.33%, with domestic sales of 436,836 units, an increase of 301,249 units or 45.01% from the same period last year.