SAWAD’s 2019 Net Profit Jumps 35% to ฿3.7bn, Offering a Dividend at ฿1.80/Share

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

SAWAD reported a net profit in 2019 at 3,756 million baht, increased 35.69% from a net profit of 2,768 million baht in 2018. The increase in net profit in 2019 was mainly contributed by an increase of SAWAD’s interest revenues which reported at 7,239 million baht, increased 24.89% from 5,796 million baht in 2018. Moreover, the company also recorded an increase of other income by 468.80 million baht to book a total of 2,551 million baht for the year, which increased 22.51% from 20108.

In addition, the Board of Directors of SAWAD has approved a resolution for a dividend payment to be paid on May 22, 2020, at a value of ฿1.80/share with an ex-dividend date on May 5, 2020.