AEONTS’s 2020 NP Drops 7% to ฿3.6Bn, Offering a Dividend at ฿2.65 with an XD on May 12

Aeon Thana Sinsap (Thailand) Public Company Limited (AEONTS) has announced its 2020 consolidated financial statement through the Stock Exchange of Thailand as follows;

 

For the fiscal year of 2020, AEONTS recorded net profit of 3,690 million baht, a decrease of 286 million baht or 7% y-y, and earning per share was 14.76 baht, which was resulted from higher provision in the first quarter of 2020 with probable forward looking risk factors due to COVID-19 situation. Consolidated operating income was reported at 4,647 million baht, a decrease of 497 million baht or 10% y-y.

 

For the fourth quarter of 2020, the company had consolidated operating income of 1,491 million baht, an increase of 121 million baht or 9%y-y. 

 

The company reported net profit attributed to owners of the parent of 1,184 million baht, an increase of 128 million baht or 12% y-y and 17% q-q, and earning per share was 4.74 baht, mainly contributed by continued growth of bad debt recovery and efficiently control the operation cost.

 

The consolidated liabilities of the company as of February 28, 2021 totaling 70,009 million  baht, decrease of 4,262 million baht or 6% from 74,270 million baht at the end of previous year. There were both short-term and long-term borrowings totalling 62,709 million baht, decreasing by 10% from the end of last year.

 

Consolidated total assets were 87,389 million baht,  decrease of 8,007 million baht or 8% from 95,396 million baht as of February 29, 2020. The main assets were attributed to the portfolio of net account receivables which shared 87% of total assets.

 

In addition, the Board of Directors has approved the final dividend payment for the fiscal year  ended February 28, 2021 at 2.65 baht per share to be paid on July 20, 2021. XD will be posted on May 12, 2021.