The Company will declare dividends every year at the rate of approximately 60 percent of the net profit after tax according to the consolidated financial statement provided that the amount to be declared shall not exceed the retained earnings in the Company’s financial statements. In the event that the Company’s financial statements have retained loss, no dividend will be declared. For this purpose, the Company will take such action as prescribed by the Public Limited Companies Law and take into consideration whereby the Company will be able to pay dividends without causing significant effects on its business. The dividend payment policy of the Company’s subsidiaries likewise takes into consideration the economic outlook and business operating performance.
The Board of Directors’ Meeting no. 1/2024 held on 20th February 2024 had passed resolution to proposed to the 2024 Annual General Meeting of Shareholders which will be scheduled on 23rd April 2024, to approve the dividend payment for 2023’s operating result of 1.00 Baht per share, calculated as a dividend payout ratio of 106.07 percent of net profit according to the consolidated financial statements. The interim dividend payment of 0.25 Baht per share on 8th September 2023, which the remaining dividend payment of 0.75 Baht per share
| Dividend Details | 2023 |
|---|---|
| 1. Net Profit (Million Baht) | 485.23 |
| 2. Number of shares (Shares) | |
| 2.1 As of Interim Dividend Payment date | 514,710,383 |
| 2.2 As of Dividend Payment date | 514,710,383 |
| 3. Dividend paid per share (Baht/Shares)* | 1.00 |
| 3.1 Interim Dividend (Baht/Share) | 0.25 |
| 3.2 Additional Dividend (Baht/Share) | 0.75 |
| 4. Total Dividend Paid | 514.71 |
| 4.1 Interim Dividend (million Baht) | 128.68 |
| 4.2 Additional Dividend (million Baht) | 386.03 |
| 5. Dividend Payout Ratio (%) | 106.07 |