Shareholders of Srinanaporn Marketing Public Company Limited (SET: SNNP) have approved an additional dividend payment of THB 0.35 per share. The XD date is set for May 7, 2025, with the dividend to be paid on May 21, 2025. This brings the total dividend for the fiscal year 2024 to THB 0.60 per share.
Senior Executive Vice President Mr. Wiroj Wachiradechkul announced plans to target the young generation, and launched new products aimed at consumers both in Thailand and overseas, expecting strong revenues growth in the beverage and snack segments in 2025.
Mr. Wiroj Wachiradetchakul, Senior Executive Vice President of Domestic Business at SNNP, revealed that during the Annual General Shareholders’ Meeting on April 24, 2025, the Company resolved to pay an additional dividend of THB 0.35 per share for the second half of the year. The XD date is May 7, 2025, with payment scheduled for May 21, 2025. Previously, the Company paid an interim dividend of THB 0.25 per share, totaling THB 0.60 per share for FY2024.
For the 2025 business plan, the Company will continue to roll out new products in both beverage and snack segments to attract domestic and overseas consumers. SNNP is also implementing an integrated marketing strategy that includes brand awareness campaigns via TV commercials and online videos, as well as presenters to expand its customer base among teenagers and Gen Z, aiming for continuous sales growth.
“The Company expects revenues this year to outperform the same period last year, driven by the continuous launch of new, delicious innovations, special campaigns to boost brand recognition and stimulate consumption. In the long term, SNNP aims to expand into overseas markets through both export and marketing partnerships, including appointing overseas distributors to support sustainable growth,” said Mr. Wiroj.
In addition, the Stock Exchange of Thailand (SET) has announced the inclusion of SNNP in the SET100 and SET100FF indices, effective from April 16, 2025. This inclusion is expected to positively impact the Company by attracting more investment from both domestic and foreign institutional funds, reflecting the Company’s consistent performance and strong growth.
Notably, SNNP posted a net profit of THB 651.2 million in 2024, increasing THB 15.4 million or 2.4% from THB 635.8 million in the previous year. Total revenues for the year stood at THB 5,983.4 million.
