Lower Revenue Drops TKN’s Net Profit in 2019 by 20%, Offering ฿0.15 Dividend
Lower Revenue Drops TKN’s Net Profit in 2019 by 20%, Offering ฿0.15 Dividend.
Taokaenoi Food & Marketing Public Company Limited (TKN) has reported its yearly consolidated financial statement of 2019 through the Stock Exchange of Thailand as follows;
TKN has the net profit for the year 2019 in a total of 366.2 million baht, decreased 20.24% when compared to a net profit of 459 million baht in 2018. In 2019, TKN has revenue in a total of 5,266.8 million baht, decreased by 3.0% compared to the previous year.
In addition, the Board of Directors of TKN has approved a resolution for a dividend payment to be paid on May 8, 2020, at a value of ฿0.15/share with an ex-dividend date on March 9, 2020.