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As of 5:39 AM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

lohakit metal pcl (LHK) Snapshot

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07/24/13 - 4.08
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03/10/14 - 3.02
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lohakit metal pcl (LHK) Details

Lohakit Metal Public Company Limited is engaged in procuring, processing, and distributing stainless steel coil products in Thailand. The company provides steel sheets and coils for use in construction, food, electrical appliances, and automotive industries; round and rectangular stainless steel tubes in various sizes used in automotive, food, petrochemical, and construction industries; stainless steel pipe for automotive usage, such as exaust pipes for cars and motorcycles; and specific graded stainless steel for used in various industries, such as cloth lines or stair lines, computer parts, food processing machines, household appliances, etc. It also offers galvanized steel sheets and coils for use in electrical appliance and construction industries; electro-galvanized steel sheets and coils in various sizes, which are uses in electrical appliance, construction, and automotive industries; and aluminum sheets, coils, axles, and pipes for use in electrical appliance, electronic, and automotive industries, as well as is involved in stainless steel fabrication. The company was formerly known as Lohakit Metal Service Center Company Limited and changed its name to Lohakit Metal Public Company Limited in January 2003. Lohakit Metal Public Company Limited was founded in 1989 and is headquartered in Samutprakarn, Thailand.

Founded in 1989

lohakit metal pcl (LHK) Top Compensated Officers

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lohakit metal pcl (LHK) Key Developments

Lohakit Metal Public Announces Cash Dividend, Payable on August 8, 2014

Lohakit Metal Public announced a cash dividend of THB 0.10 per share. The ex dividend date is June 12, 2014 and the record date is June 16, 2014 and it is payable on August 08, 2014.

Lohakit Metal Public Company Limited Announces Audited Consolidated and Company Financial Results for the Year Ended March 31, 2014

Lohakit Metal Public Company Limited announced audited consolidated and company financial results for the year ended March 31, 2014. For the year, on consolidated basis, the company reported total revenue of THB 3,394.52 million against THB 2,943.54 million a year ago. Earning before interest and tax was THB 232.11 million against THB 254.20 million a year ago. Net profit of the company was THB 148.65 million against THB 165.90 million a year ago. The current profit performance decreased due mainly to the decrease in sales and gross margin of a subsidiary who is the manufacturer of exhausted pipe in the automotive industry, in which this year the industry suffered from big slowing down. In addition the company and its subsidiaries have been affected by the loss of the exchange rate, mainly due to the sharp depreciation of the bhat in the first three months. The profit before interest and tax decreased by THB 22.09 million whereas corporate tax increased by THB 13.54 million after restating, financial cost decreased by THB 1.35 million and profit sharing to minority shareholders also decreases by THB 18.05 million in current year. Net cash from operating activities was THB 376.45 million against THB 180.29 million a year ago. EPS was THB 0.39 compared to THB 0.50 a year ago. For the year, the company reported net profit of THB 109,382,000 or THB 0.29 per share compared to THB 92,487,000 or THB 0.28 per share a year ago.

Lohakit Metal Public Company Limited, Board Meeting, May 28, 2014

Lohakit Metal Public Company Limited, Board Meeting, May 28, 2014. Agenda: To consider annual financial statement as of March 31, 2014; to consider dividend; to consider reappointment of director; to consider directors' remuneration; to consider auditor appointment; and to consider AGM.


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