Dividend Payment Policy
Dividend payment policy of the Company is to distribute dividend of 20-35% of the net income based on separate financial statements, after making necessary provisions for reserves as may be required by the applicable laws and considering requirement of funds for future business plans as deemed appropriate by the Board of Directors of the Company.
The dividend payment record for the last 5 years are as follows:
|
Unit |
For the year
ended 31 March |
2023 |
2022 |
2021 |
2020 |
2019 |
2018 |
Net profit
(as per separate financial statements) |
Million Baht |
(481) |
555 |
7 |
(214) |
410 |
825 |
No. of Shares |
Million shares |
201.6 |
201.6 |
201.6 |
201.6 |
201.6 |
201.6 |
Dividend per share |
Baht |
0.05* |
0.56 |
0.05 |
0.05 |
0.70* |
1.15 |
Total dividend payment |
Million Baht |
10.08*
|
112.90
|
10.08 |
10.08 |
141.12 |
231.84 |
Dividend Payout Ratio
(as per separate financial statements) |
(%) |
- |
20 |
153 |
- |
34 |
28 |
Remark: * The Board of Directors’ Meeting held on 29 May 2023 recommended to pay a dividend of Baht 0.05 per share and the same will be paid on 23 August 2023 subject to approval by annual general meeting of shareholders to be held on 27 July 2023.
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