JRW Utility Public Company Limited (SET: JR) announced its 2021 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Yearly | 2021 | 2020 |
| Net Profit (Loss) Million Baht |
217.042 | 88.172 |
| Earning Per Share (Baht) | 0.29 | 0.17 |
| % Change | 146.16 | |
JR reported a net profit of THB217.04 million in 2021, an increase of 146 percent from the same period last year. The leaping growth was after the company undertook a megaproject – transformation of overhead line to underground line along the project route of Yellow Line and Pink Line and such figures correlated to the increased gross profit margin.
JR’s revenue from sales and services totaled THB2,174.07 million for the fiscal year ending 31 December 2021, consisting of THB105.55 million in revenue from equipment sales and THB2,041.52 million in revenue from service business. Revenue from turnkey system installation service has increased compared to the same period of the previous year at THB933.85 million or 84.31 % growth contributed by revenue recognition from the transformation of overhead line to underground line along the Pink and Yellow Line- the mega project with high value.
In addition, the Board of Directors passed a resolution to pay a dividend from the year 2021 at the rate of THB0.14 per share. The Ex-dividend date (XD) is set for 26 April 2022. The payment of a dividend will be made on 17 May 2022.
