DOHOME’s Profit to Rocket 65.4% to ฿725mn

Dohome Public Company Limited (DOHOME) has reported its yearly consolidated financial statement of 2019 through the Stock Exchange of Thailand as follows;

DOHOME’s net profit was 725.51 million baht, representing an increase of 65.4% over the year of 2018 and total revenue was 17,971.82 million baht, representing a decrease of 3.0% over the same period of last year. The main reasons for the increase in net profit were the increase in the gross profit margin that expanded from 14.6% in the year of 2018 to 16.6% in the year of 2019 and more efficient cost management that caused selling and administrative expense to decrease by 1.5% from the year of 2018.

DOHOME approved to the dividend in cash payment at the rate not exceeding 0.018518518519 baht per shares and to be paid on May 21, 2020.