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 1/2022 held on February 21, 2022 had passed resolution to proposed to the Annual General Meeting of Shareholders 2022 which will be scheduled on April 29th, 2022, to adopt the interim dividend payment of 0.05 baht per share paid on September 10th, 2021, and to approve the dividend payment for 2021's operating result of 0.63 baht per share, or the remaining dividend payment of 0.58 baht per share.

In case that the Meeting of Shareholders approves the dividend payment as proposed, the dividend payout ratio of the Company shall be 94.46 % of the net profit.

Details of dividend payment for operating year 2021 compared with previous year.

Dividend Details 2021
1. Net Profit (Million Baht) 340.02
2. Number of shares  
2.1 Before Capital Increase 490,408,365
2.2 After Capital Increase (For warrant) 511,512,758
3. Dividend paid per share 0.63
3.1 Interim Dividend (Baht/Share) 0.05
3.2 Additional Dividend (Baht/Share) 0.58
4. Total Dividend Paid 321.20
4.1 Interim Dividend (Baht/Share) 24.52
4.2 Additional Dividend (Baht/Share) 296.68
5. Dividend Payout Ratio (%) 94.46
Will propose for approval from the Annual General Meeting of Shareholders 2022 on April 29, 2022.