Ichitan Group Public Company Limited (SET: ICHI) has announced its 2024 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Year | 2024 | 2023 |
| Net Profit (Loss) Million Baht |
1,306.27 | 1,100.42 |
| Earning Per Share (Baht) |
0.0970 | 0.0900 |
| % Change | 18.71 | |
ICHI reported a net profit of 1,306.3 million baht or equivalent to a net profit margin of 15.2% of sales revenue. This led to an increase of net profit by 18.71% from last year and from a net profit margin of 13.7% last year.
In 2024, the Company earned sales revenue of 8,594.4 million baht, an increase of 6.8% from last year’s revenue of 8,049.9 million baht. Sales revenue increased by 544.5 million baht resulting from domestic sales increased by 9.6% from the continuous growth of ready-to-drink tea, herbal tea and alkaline water, on the other hand the export sales decreased by 25.0% due to a shortage of raw materials for OEM product production for exporting in some periods and the problems of the domestic purchasing power of trading partners.
Additionally, the Board of Directors approved a dividend payment of THB0.50 per share to be paid on 21 May 2025. The ex-dividend date is 7 March 2025.
