Land and Houses Public Company Limited (SET: LH) announced its 2021 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Yearly | 2021 | 2020 |
| Net Profit (Loss) Million Baht |
6,936.129 | 7,144.917 |
| Earning Per Share (Baht) | 0.58 | 0.60 |
| % Change | -2.92 | |
LH recorded a net profit in an amount of THB6,936.13 million in 2021 while the same period last year recorded a net profit in an amount of THB7,144.92 million, decreased of THB208.79 million or decreased by 2.92% because of the followings;
1. Sales income was THB30,461.25 million while the same period last year the company recorded sales income of THB27,524.72 million, an increase of THB2,936.53 million or increased by 10.67%.
2. Gross profit margin was 32.24%, while the same period last year the company recorded a gross profit margin of 31.79%, increased by 0.45% from the relaxation of the COVID-19 control measures. The increase in sales and slight increase in gross margin in 1 and 2 make an increase of THB1,070.07 million in gross profit.
3. Gross profit from rental and service income was THB337.35 million, a decrease of THB102.60 million due to the Covid-19 pandemic situation which caused a low occupancy rate.
4. Share of profit from investment in associates was THB2,333.33 million, a decrease of THB255.04 million from the Covid-19 pandemic situation.
In addition, the Board of Directors approved a dividend payment from the fiscal year 2021 at the rate of THB0.25 per share. The Ex-dividend date (XD) is set for 5 May 2022. The payment of the interim dividend will be made on 20 May 2022.
