Dividend Policy and Payment

The 10/2564 of the Board of Directors meeting on 24 September 2021 has approved dividend policy that will become effective from 25 September 2021 onwards at the rate of not less than 40% of net income according to the Company’s financial statements after deducting legal reserve and prescribed in law and the Company’s Articles of Association. However, the dividend payment must not exceed than retained earnings according to the Company’s financial statements and in case the company had deficit, the Company will not consider payment of dividend. Nevertheless, the company may consider to pay dividend payment less than the defined rate depending on a financial performance, financial position, and the Company’s liquidity including the needs of spending working capital, business expansion plan soon, and other factors related to the Company’s supervision according to the Board of Directors’ discretion.

The dividend payment must be approved by Shareholder’s meeting, except interim dividend which the Board of Directors may approve to pay an interim dividend occasionally in case the company has an appropriate profit and the interim dividend payment must be informed in the next Shareholders’ meeting.

The company has declared dividend payment from the annual financial performance ended on 31 December 2021 Baht 0.0527 per share and Baht 24,006,000 in total which is 80.83% of the annual net profit after legal reserve and prescribed in law and the Company’s Articles of Association.

X-DatePayment
Date
Dividend
Type
Dividend
(per Share)
UnitOperation
Period
Source of
Dividend
19/04/2229/04/22Cash Dividend0.0132Baht01/01/21-31/12/21Net Profit