PATHUMTANI, THAILAND – SVI Public Co. reported third quarter consolidated sales of THB 4.2 billion (US$134 million), up 9.7% year-over-year and 0.6% sequentially.

Industrial Control, Communication and Network, and Microelectronics were key sectors contributing to sales during the quarter.

Consolidated net income for the third quarter was THB 249 million (US$8 million), an increase of 126.4% year-over-year and 128.4% sequentially. Consolidated operating profit was THB 196 million (US$6.3 million), up 86.7% year-over-year and 4.3% sequentially.

For the first nine months of 2020, consolidated net income was THB 585 million (US$18.7 million), an increase of 70.3% year-over-year.