It is the Company’s policy to make dividend payments of at least 40% of its net profits after corporate tax of individual financial statement and all reserves as stated in the Company’s regulations and related laws.
The Company considers financial status, cash flow, investment plans, business plan and other conditions and limitations (if any) as well as other administrative factors in making decision on dividend payment. The Board of Directors’ resolution on dividend payment shall be approved by the shareholders’ meeting, excluding interim dividend payment that the Board of Directors may resolve to occasionally pay shareholders when it is considered appropriate and should be reported in the next shareholders’ meeting.
- In 2017, the Company paid dividends at 0.07 Baht per share, totaling 159 million Baht.
- In 2018 2019 and 2020, the Company did not pay dividend
- And In 2021, the Company paid dividends at 0.07 Baht per share, totaling 159 million Baht.
Policy of subsidiaries
In terms of subsidiaries, the Board of Directors of subsidiaries have the policy to pay dividend based on operating performance and with consideration of each company’s financial position, cash flow and investment plan.