Sabina Public Company Limited (SET: SABINA) has announced its 2021 consolidated financial statement through the Stock Exchange of Thailand as follows;
Yearly | 2021 | 2020 |
Net Profit (Loss) Million Baht |
294.20 | 276.81 |
Earning Per Share (Baht) | 0.8500 | 0.8000 |
% Change | 6.28 |
SABINA reported a net profit of 294 million baht in 2021, increased 6.28% from a net profit of 276 million baht in 2020.
The increase in net profit was mainly due to its efficiency in controlling selling and administrative expenses that performed 9.4% better the previous year. Despite lower revenue recognition from sales that mainly due to a decline in retail sales by 17.5%, SABINA showed 8.6% growth in non-store retailing (NSR) and a 11.7% growth from OEM sales.
In addition, the Board of Directors approved a dividend payment of THB 0.44 per share to be paid on 19 May 2022. The ex-dividend date is 5 May 2022.