BJC Reports THB1.22 Billion of Net Profit in 2Q24, Offering THB0.15 Dividend

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

Quarter 2Q24 2Q23
Net Profit (Loss)
Million Baht
1,227.83 1,209.55
Earning Per Share
(Baht)
0.3100 0.3000
% Change 1.51
6 Months 6M24 6M23
Net Profit (Loss)
Million Baht
1,655.54 2,463.71
Earning Per Share (Baht) 0.41 0.61
% Change -32.80

BJC reported a net profit of THB 1,228 million, an increase of THB 18 million or 1.5% from the same period last year. 

BJC’s consolidated total revenue for 2Q24 reached THB 43,085 million, representing an increase of THB 257 million or 0.6% over the same period last year. This increase was due to the consolidated sales and service revenue reaching THB 39,739 million, an increase of THB 337 million or 0.9% over the same period last year from increasing sales of Packaging, Consumer, and Modern Retail supply chains. The consolidated other income reached THB 3,321 million, a decrease of THB 54 million or 1.6% over the same period last year. 

BJC’s consolidated total expenses for 2Q24 amounted to THB 41,183 million, an increase of THB 75 million or 0.2% over the same period last year. Better cost management, increased production volumes and higher efficiency leading to lower costs per unit thus the cost of goods sold expenses decreased. While SG&A expenses increased from higher transportation costs due to increasing sales and from store expansion of Modern Retail Supply Chain. Interest expenses increased due to higher interest rates. 

In addition, the company announced a dividend payment of THB0.15 per share, payable on 12 September 2024. The ex-dividend date is 27 August 2024.