Lower Revenue Drops TKN’s Net Profit in 2019 by 20%, Offering ฿0.15 Dividend

Lower Revenue Drops TKN’s Net Profit in 2019 by 20%, Offering ฿0.15 Dividend.

Taokaenoi Food & Marketing Public Company Limited (TKN) has reported its yearly consolidated financial statement of 2019 through the Stock Exchange of Thailand as follows;

TKN has the net profit for the year 2019 in a total of 366.2 million baht, decreased 20.24% when compared to a net profit of 459 million baht in 2018. In 2019, TKN has revenue in a total of 5,266.8 million baht, decreased by 3.0% compared to the previous year.

 

In addition, the Board of Directors of TKN has approved a resolution for a dividend payment to be paid on May 8, 2020, at a value of ฿0.15/share with an ex-dividend date on March 9, 2020.

 

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