Dividend Policy of the Company

Dividend Policy of the Company The Board of Directors of the Company may consider paying annual dividend of the Company by obtaining approval from the meeting of shareholders, except the payment of interim dividend which the Board of Directors empowers to consider the occasional payment when the Board of Directors deems that the Company has appropriate retained earnings for the dividend payment. The approval of the Board of Directors on interim dividend payment shall be proposed to the next the meeting of shareholders for further acknowledgement.

The dividend policy of the Company is to pay a total dividend from its Separate Financial Statement of up to 40% of the net profit after tax and after the appropriation of required legal reserve and other reserves (if any). However, the Board of Directors of the Company will consider the dividend payment, and may amend the dividend policy, by taking into account reserves for debt payment, capital investment for production expansion, changing market conditions or as required to manage the company’s future cash flows.

Dividend Policy of subsidiaries

The Board of Directors of the Company’s subsidiaries may consider paying annual dividend of the Company’s subsidiaries by obtaining approval from the meeting of shareholders, except the payment of interim dividend which the Board of Directors of the Company’s subsidiaries empowers to consider the occasional payment when the Board of Directors of the Company’s subsidiaries deems that the Company’s subsidiaries has appropriate retained earnings for the dividend payment. The approval of the Board of Directors of the Company’s subsidiaries on interim dividend payment shall be proposed to the next the meeting of shareholders for further acknowledgement.

The dividend policy of the Company’s subsidiaries is to pay a total dividend from its Separate Financial Statement of up to 40% of the net profit after tax and after the appropriation of required legal reserve and other reserves (if any). However, the Board of Directors of the subsidiaries will consider the dividend payment, and may amend the dividend policy, by taking into account reserves for debt payment, capital investment for production expansion, changing market conditions or as required to manage the company’s future cash flows.

As for the business return of 2023, the company committee considered paying dividend by considering the various factors for maximum benefit to shareholders such as reserve to pay loan debt, investment plan in business expansion or to support the cash current of the company in case there is an impact from the change of market condition and allocate some part of the money to be used in business management. The board of directors consider not paying annual dividend.

BOD's Resolution Date Ex-Dividend Date Payment Date Type Dividend
(Baht / Share)
Unit Operation Period
14/02/23 10/04/23 28/04/23 Cash Dividend 0.0183 Baht 01/01/22-31/12/22
15/02/22 12/04/22 29/04/22 Cash Dividend 0.0259 Baht 01/01/21-31/12/21
15/02/21 08/04/21 30/04/21 Cash Dividend 0.0209 Baht 01/01/20-31/12/20
01/04/20 - - No Dividend - - 01/01/19-31/12/19
14/02/19 10/04/19 29/04/19 Cash Dividend 0.035 Baht 01/07/18-31/12/18
08/08/18 23/08/18 07/09/18 Cash Dividend 0.05000 Baht 01/01/18-30/06/18
02/04/18 17/04/18 02/05/18 Cash Dividend 0.008547 Baht 01/01/17-31/12/17
02/04/18 17/04/18 02/05/18 Stock Dividend 13:1 Share 01/01/17-31/12/17
22/02/17 08/05/17 26/05/17 Cash Dividend 0.03000 Baht 01/01/16-31/12/16