High Construction Revenue Rises STEC’s 1Q19 Profit by 17.5% to ฿343M.
STEC recorded a net profit in the first quarter of 2019 at THB 343.29 million, increased 17.55% due to its high construction revenue.
Sino-Thai Engineering and Construction Public Company Limited (STEC) has reported its 1Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:
STEC recorded a net profit in the first quarter of 2019 at THB 343.29 million, increased 17.55% due to its high revenue at THB 7,555.54 million, increased THB2,180.81 million from the same period of the year 2018, represented 40.58%. The major revenue were from construction revenue amount of THB 7,480.79 million, rental and service income was THB 19.65 million, interest income was THB 37.06 million.