Bangkok Chain Hospital Public Company Limited (SET: BCH) has announced its 2023 consolidated financial statement through the Stock Exchange of Thailand as follows;
Year | 2023 | 2022 |
Net Profit (Loss)
Million Baht |
1,406.36 | 3,038.91 |
Earning Per Share
(Baht) |
0.5600 | 1.2200 |
BCH reported a net profit of 1,406.4 million baht, a decrease of 1,632.55 million baht or 53.7% compared to the same period last year.
The company’s total revenue amounted to 11,829.9 million baht, a decrease of 37.4% YoY, mainly due to a decrease in revenue from general OPD patients and revenue from the government related to COVID-19.
The number of outpatient visits declined to 1,098,000 patients, a decrease of 44.8% YoY, due to high base patient volume from COVID-19- related activities and Moderna alternative vaccines.
Moreover, following the announcement of adjusting the level of COVID-19 to communicable disease under surveillance since Q3/2022, the government canceled projects related to the medical treatment of COVID-19 patients and transitioned to providing treatment based on their basic rights.
In addition, BCH announced a dividend payment of THB 0.25 per share to be paid on 23 May 2024. The ex-dividend date is 2 May 2024.