Post by account_disabled on Jan 2, 2024 7:08:29 GMT -3
TASCO's work came as scheduled. Do not disappoint investors Revealed that asphalt sales in the second quarter of 2019 were at 0.65 million tons, with sales and service income of 10,784 million baht and a net profit of 1,053 million baht, or a 770% profit increase compared to the same period last year. Mr. Chaiwat Sriwanawat, President of Tipco Asphalt Public Company Limited or TASCO Business operators producing and distributing asphalt products For use in road construction and maintenance. Revealing operating results in the second quarter of 2019, the company had asphalt sales of 0.65 million tons, divided into the domestic market of 0.11 million tons and the international market of 0.50 million tons, resulting in For the second quarter of 2019, the company had sales and service
income of 10,784 million baht, an increase of 87% from the same period last year and a net profit of 1,053 million baht, an increase of 770% from the same period of the previous year. "During the quarter The company regularly receives oil to supply the refinery. Having an adequate supply of crude oil It had a positive effect on sales in foreign markets during the second quarter, especially China, Australia and Malaysia. The WhatsApp Number List company also received compensation from insurance claims in the first installment of approximately 450 million baht, which is compensation for building the tank. Collect two new crude oil tanks and inventory that was in the burned tank. This first installment of compensation does not include damages from business interruption. which is currently under negotiation,” Mr. C
haiwat said for domestic sales remains at a high level Due to the increasing demand for asphalt in the country for repairing and building roads. This is due to the slowdown in asphalt use by construction contractors in the first quarter of 2019. As for progress in repairing two damaged crude oil storage tanks, it is expected to be completed in October. Can start using in the 4th quarter of 2019. The other 2 tanks are all damaged. has been rebuilt Expected to be completed within the 1st quarter of 2020. Finally, the company There is a policy of paying dividends regularly and at a satisfactory level throughout. Most recently, the Board of Directors It was resolved to approve the payment of interim dividends for 2019 at the rate of 0.40 baht per share. The XD sign will be posted on 27 August 2019 and dividends will be paid on 6 September 2019. Tags # investment
income of 10,784 million baht, an increase of 87% from the same period last year and a net profit of 1,053 million baht, an increase of 770% from the same period of the previous year. "During the quarter The company regularly receives oil to supply the refinery. Having an adequate supply of crude oil It had a positive effect on sales in foreign markets during the second quarter, especially China, Australia and Malaysia. The WhatsApp Number List company also received compensation from insurance claims in the first installment of approximately 450 million baht, which is compensation for building the tank. Collect two new crude oil tanks and inventory that was in the burned tank. This first installment of compensation does not include damages from business interruption. which is currently under negotiation,” Mr. C
haiwat said for domestic sales remains at a high level Due to the increasing demand for asphalt in the country for repairing and building roads. This is due to the slowdown in asphalt use by construction contractors in the first quarter of 2019. As for progress in repairing two damaged crude oil storage tanks, it is expected to be completed in October. Can start using in the 4th quarter of 2019. The other 2 tanks are all damaged. has been rebuilt Expected to be completed within the 1st quarter of 2020. Finally, the company There is a policy of paying dividends regularly and at a satisfactory level throughout. Most recently, the Board of Directors It was resolved to approve the payment of interim dividends for 2019 at the rate of 0.40 baht per share. The XD sign will be posted on 27 August 2019 and dividends will be paid on 6 September 2019. Tags # investment