JMART’s 2Q Earnings Rise 17% to ฿160M, Offering a Dividend at ฿0.45

Jay Mart Public Company Limited (JMART) has reported its 2Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;

JMART reported a net profit of 160 million baht in 2Q20, increased 17% compared to a net profit of 137 million baht in 2Q19. The increase in JMART’s profit for the quarter was mainly due to a better performance of its subsidiaries in the quarter such as JMT (+53% YoY) and SINGER (+117% YoY).

In addition, the Board of Directors of JMART approved a dividend payment at ฿0.45/share to be paid on September 11, 2020. The ex-dividend date is August 26, 2020.