Dividend History

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. 1/2023 held on February 23, 2023 had passed resolution to proposed to the 2023 Annual General Meeting of Shareholders which will be scheduled on April 28, 2023, to acknowledge the interim dividend payment of 0.10 Baht per share paid on September 9, 2022, and to approve the dividend payment for 2022’s operating result of 0.80 Baht per share, which the remaining dividend payment of 0.70 Baht per share. In case of the Meeting of Shareholder approves the dividend payment as proposed, the dividend payout ratio of the Company will be 89.12 percent of the net profit.