PDI Bounces Back to Book ฿80Mn of Profit in 2020 from Gains on Investment and FX

PDI Bounces Back to Book ฿80Mn of Profit in 2020 from Gains on Investment and FX.

Padaeng Industry Public Company Limited (PDI) has reported its yearly consolidated financial statement of 2020 through the Stock Exchange of Thailand as follows;

PDI reported a net profit of 80.44 million baht in 2020, contrasted to a net loss of 5.76 million baht in 2019.

 

In 2020, the company had a gain from investments by 54.65 million baht, increased by 84.81 million baht from the previous year. Meanwhile, the company had a gain on exchange rate by 54.77 million baht, an increased by 105.15 million baht due to revaluation foreign exchange rate in JPY of investments on solar farms in Japan.

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