Sabina Reports Flat Growth in 2024, Offering THB0.65 Dividend Payment

Sabina Public Company Limited (SET: SABINA) has announced 2024 consolidated financial statement through the Stock Exchange of Thailand as follows:

Quarter 2024 2023
Net Profit (Loss)

Million Baht

464.37 462.55
Earning Per Share

(Baht)

1.3400 1.3300
% Change 0.39

SABINA reported a net profit in 2024 of Baht 464.37 million, an increase of Baht 1.82 million or 0.39% compared to the previous year. The increase in net profit was due to rapidly improving sales after the implementation of the sustainability concepts in the risk management process along with prioritizing society and environment.

In 4Q24, the total revenue was Baht 894.8 million, an increase of 2.8% from 4Q23 and increased 1.6% from 3Q24. Meanwhile, the revenue from sales and service was Baht 893.9 million, an increase of 2.2% from 4Q23 and increased 2.2% from 3Q24.

In 2024, the total revenue was Baht 3,586.9 million, an increase of 4.0% from 2023. Meanwhile, the revenue from sales and service was Baht 3,566.3 million, an increase of 3.9% from 2023.

In 4Q24, gross profit amounted to Baht 448.3 million or 50.2% which increased 0.9% from 4Q23, amounted to Baht 444.3 million or 50.8%. As for 2024, gross profit amounted to Baht 1,768.1 million or 49.6% Which increased 2.8% from 2023, amounted to Baht 1,720.7 million or 50.1%

In 4Q24, selling and administrative expenses amounted to Baht 306.6 million or 34.3% of total income, which increased 3.0% from 4Q23, and amounted to Baht 297.7 million or 34.2%.

In 2024, selling and administrative expenses amounted to Baht 1,197.0 million or 33.4% of total income, which increased 3.8% from 2023 amounted to Baht 1,153.6 million or 33.4%.

Additionally, the Board of Directors approved a dividend payment of THB0.65 per share to be paid on May 20, 2025. The ex-dividend date is May 5, 2025.