GUNKUL Records Slight Gains in 2Q24 Profit, Offering THB0.08 Dividend Payment

Gunkul Engineering Public Company Limited (SET: GUNKUL) has announced its 2Q24 consolidated financial statement through the Stock Exchange of Thailand as follows;

Quarter 2Q24 2Q23
Net Profit (Loss)
Million Baht
461.87 451.71
Earning Per Share
(Baht)
0.0500 0.0500
% Change 2.25
6 Months 2024 2023
Net Profit (Loss)
Million Baht
761.43 907.52
Earning Per Share (Baht) 0.0900 0.1000
% Change -16.10

GUNKUL reported a net profit of 461.87 million Baht for the three-month period ended June 2024, an increase of 2.25% from the same period of last year.

The company recorded 2,346 million baht in total revenue, an increase of 29.37% YoY. This is mainly due to an increase in sales revenue that rose by 82% to 666 million baht in the quarter. However, an increase of costs of sales and service, and loss from foreign exchange led to the company booking higher expenses by 36% in the second quarter of this year.

Additionally, GUNKUL announced a dividend payment of THB0.08 per share to be paid on 5 September 2024. The ex-dividend date is 20 August 2024.