BIG’s Profit Plummets 62.19%, Following the Economic Slowdown
BIG's Profit Plummets 62.19%, Following the Economic Slowdown
Big Camera Corporation Public Company Limited (BIG) has reported its yearly consolidated financial statement of 2019 through the Stock Exchange of Thailand as follows;
BIG reported a net profit of 207.761 million baht decreased by 341.67 million baht or 62.19% from 2018. In 2019, BIG had a sales and services revenues amount 4,322 million baht decreased 1,114.36 million baht or 20.50%, mainly affected by the continuously slowing down of Thailand economy since the end of the last year, however the high-end product segment is not affected.
BIG approved to pay an FY2019 dividend of 0.03 baht per share with which will be paid on May 14, 2020.