BJC Records a Net Profit of ฿4Bn in 2020, Offering a Bt0.60 Dividend with an XD on 21 May

Berli Jucker Public Company Limited (BJC) has reported its yearly consolidated financial statement of 2020 through the Stock Exchange of Thailand as follows;

BJC reported a net profit of 4,001 million baht in 2020, decreased of 45% from a net profit of 7,278 million baht in 2019.

 

BJC’s total revenue for FY20 reached 157,708 million baht, representing a decrease of 16,329 million baht or 9.4% over the same period last year, mainly driven by decreasing sales at the packaging, healthcare and technical, and modern retail supply chains, and declining other income at modern retail supply chain due to the negative impact of COVID situation during the year leading to rental discounts and lower occupancy rate when compared to the same period last year.

 

Total expenses for FY20 amounted to 152,213 million baht, a decrease of 13,102 million baht or 7.9% over the same period last year mainly due to (1) decreased cost of goods sold expenses due to lower sales, (2) decreased SG&A expenses mainly due to strong cost control focus and lean organization initiatives.

 

In addition, the Board of Directors approved a dividend payment of ฿0.60/share to be paid on May 21, 2021. The ex-dividend date is April 29, 2021.