TTW shows a strong growth on net profits in 2019, preparing to announce the second half dividend of 0.30 baht per share.
25 February 2020
25 Feb 2020 - TTW Public Company Limited or TTW announces solid performance in 2019. The company and its subsidiaries have a net profit of 3,128 million baht, an increase of 10% from the previous year. Prepare to ask for approval for shareholders to pay. Dividend for the second half of the year. 0.30 baht / share
Ms. Walainut Trivisvavet, Managing Director TTW Public Company Limited disclosed the operating results for the year 2019. The company and its subsidiaries had total revenue of 6,166 million baht, an increase of 217 million baht, an increase of 3.7 percent compared to the period. Same time as last year With a net profit of 3,128 million baht, a 10% growth from the previous year. Overall, the business operations are in a positive direction amidst the volatility of the Thai and world economies. With increased operating income as well as reduced cost management
The total assets of the company as of December 31, 2019 were 23,158 million baht, total liabilities of 10,033 million baht and shareholders' equity of 13,125 million baht and the debt to equity ratio was only 0.76 times.
From the performance of the year 2019 and the financial status of the company At present, the Board of Directors of the Company deems it appropriate to propose to the Annual General Meeting of Shareholders for the year 2020, which will be held on April 9, 2020, to approve the second half year dividend payment at the rate of 0.30 baht per share. (Record Date) on 10 March 2020 and the dividend payment is scheduled on April 30, 2020. The company has already paid the interim dividend at the rate of 0.30 baht per share when Before September 2562, including almost all the year 2562 dividend of 0.60 baht per share.