GLOBAL Reports 25% Growth of Profit in 2018, Paying Dividend in Cash and Stock!
GLOBAL has reported a profit of ฿2,003.03 million in 2018 and will give a dividend payment in both cash and stock.
Siam Global House Public Company Limited (Global) has reported its consolidated financial statement yearly 2018 through the Stock Exchange of Thailand as follows:
In 2018, GLOBAL’s net profit was THB 2,003.03 million, increased by 24.52% from 1,608.56 million in the previous year. The increase was mainly due to higher sale revenues which were THB 25,402.07 million, increased by 21.95% or THB 4,571.50 million, and also from the sales of same-store growth and expansion 6 new stores as well.
In 2018, GLOBAL had expanded a total of six stores in Pra Nakorn Sri Ayutthaya, Chai Nat, Dan khun Thod (Nakorn Ratchasima), Fang (Chiangmai), Mae Hong Son, Nang Rong (Buriram) and opened branch of the subsidiary company “Global House (Cambodia) Co., Ltd” 1 store at Phnom Penh , Cambodia. Therefore the end of 2018, GLOBAL had operated 61 stores all Thailand and 1 store of a subsidiary company in Cambodia.
The Board of Directors has resolved to propose a cash and stock dividend payment of ฿0.05/share in cash and 20 : 1 ratio of stock to be paid on May 23, 2019. The ex-dividend date is March 7, 2019.