FPT’s 3Q19 Profit Hikes 172% from Higher Revenue, Offering a Dividend at ฿0.46/Share

Frasers Property (Thailand) Public Company Limited (FPT) has reported its 3Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

FPT recorded a net profit in 3Q19 at 1,791 million baht, increased 172% when compared to the same period of last year which reported at 657 million baht. The increase in profit was mainly due to higher revenue from rental and related service, sales of real estate and gain on sales of investment properties. The total revenue for the period was 21.5 billion baht, increased from 13.8 billion baht in 3Q18.

SUPER also offered a cash dividend payment at ฿0.46/share on 7 February 2020. The ex-dividend date will be on 24 December 2019.