TPLAS’s Profit Falls 42% in 1Q due to a Decreasing of Sales Income

Thai Plastic Industrial (1994) Public Company Limited (TPLAS) has reported its 1Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;

TPLAS reported a net profit of 6,100,000 baht in 1Q20, decreased 4,180,000 baht or 42.38% when compared to a net profit of 10,580,000 baht in 1Q19 mainly due to a decreasing of sales volume, average price of products, income from selling waste (from the production process) and income from selling unused logistic trucks complementary.