Stocks to watch: Sri Trang Agro-Industry, Sri Trang Gloves, Oiltek International, Aoxin Q&M
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THE following companies saw new developments that may affect trading of their securities on Tuesday (Feb 18).
Sri Trang Agro-Industry : The rubber group swung to a net profit of 854.3 million baht (S$34 million) for its fourth quarter ended December, from a net loss of 422 million baht in the previous corresponding period. The group attributed the improvement to higher contributions from its natural rubber and gloves business segments. Shares of Sri Trang Agro-Industry ended Monday flat at S$0.625, before the announcement.
Sri Trang Gloves : The glove maker posted a net profit of 556.7 million baht for the fourth quarter ended Dec 31, 2024, a turnaround from its net loss of 59.9 million baht in the same period the year before. This came as Q4 revenue rose 27.6 per cent to 6.8 billion baht. Sales volume over the same period rose 18 per cent year on year to 10.4 billion pieces. The counter closed flat at S$0.305 on Monday, before the results were released.
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