OSP Reports a Profit Growth of 7.5% to ฿710m, Paying ฿0.35 Dividend, XD August 27

Osotspa Public Company Limited (OSP) has reported its 2Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

OSP’s 2Q19 reported a net profit of THB 710 million, increased 7.46% when compared to the same period of last year at THB 661.07 million.

The company reported that domestic beverages continued its growth momentum at 7.3% YoY, and domestic personal care showed 23.7% growth. Overall international business grew 8.7% at constant FX rate. YTD 1H’19, net sales grew 5.0%, contributed by all segments, particularly domestic beverage and personal care grew 5.6% and 13.2%, respectively.

In addition, the Board of Directors meeting passed a resolution to pay an interim dividend at ฿0.35/share. The ex-dividend date will be on August 27, 2019 and the payment date will be on September 13, 2019.