COM7’s 2019 Profit Soars 36%, Offering Dividend and Special Dividend Totaling ฿0.80!
COM7's net profit of FY2019 was 1,215.8 million, increased 36.50% from a net profit of 891 million baht in 2018.
Com7 Public Company Limited (COM7) has reported its yearly consolidated financial statement of 2019 through the Stock Exchange of Thailand as follows;
COM7’s net profit of FY2019 was 1,215.8 million, increased 36.50% from a net profit of 891 million baht in 2018. The increase was mainly due to COM7’s higher sales and services revenue which recorded at 33,362.5 million baht, increased 5,449.5 million baht or equivalent to 19.5%.
At the end of 2019, there was a total of 787 branches under the management of the Company’s Group divided into Multibrand 409 branches, Studio7 & Ustore 102 branches, True shop by COM7 122 branches, Banana shoping (Franchises) 80 branches, iCare 26 branches, Gadget’s store 11 branches and Brands’shop 37 branches. There was an increase of 147 branches from last year (2018: 640 branches).
In addition, the Board of Directors of COM7 has approved a resolution for a dividend payment to be paid on May 26, 2020, at a value of ฿0.60/share and a special dividend payment at ฿0.20/share with an ex-dividend date on May 8, 2020.
