TTW reveals the 3rd quarter of 2020 results. Total revenues of 929.4 million baht, an increase by 28.1%.
12 November 2020
TTW Public Company Limited (TTW) is the largest operator of tap water production and distribution in response to the government’s policy to provide the public and adequate in Samut Sakhon – Nakhon Pathom and Rangsit – Pathum Thani area. TTW reveals results for the 3rd quarter of 2020, the company and its subsidiaries had total revenues of 1,557.4 million baht, up 0.2% from the previous year, while net profit of 929.4 million baht, an increase by 28.1% from the previous year.
Ms. Walainut Trivisvavet (Managing Director), TTW Public Company Limited revealed results for the 3rd quarter of 2020, a net profit of 929.4 million baht and rose by 28.1% compared to the same quarter of last year. The performance of the 3rd quarter of 2020 has growth when compared to the same quarter of the previous year, the main factors were due to an increase in water demand following the expansion of households including share of profit from investment in CK Power Public Company Limited (CKP), an increase of 199.3% million baht.
The total asset of the company as September 30, 2020 amounted to 21,998.0 million baht, liabilities of 9,108.6 million baht and shareholders' equity of 12,889.4 million baht, and a debt-equity ratio of only 0.71 times, which showed the strength of the company.