TPLAS Records a Jump of 68% in 3Q Profit to Book ฿8.8mn from Lower Cost of Raw Materials

Thai Plastic Industrial (1994) Public Company Limited (TPLAS) has reported its 3Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

For the third quarter of 2019 and 2018, TPLAS had a net income of 8.88 million baht and 5.27 million baht, respectively, increased by 3.61 million baht or 68.50%, which was mainly due to an increase in gross profit from the decline in raw materials prices (the price of products went down in the lower rate than the price of raw materials).