TPLAS’s Profit to Surge by 40% to ฿33mn, Offering a Dividend at ฿0.1

Thai Plastic Industrial (1994) Public Company Limited (TPLAS) has reported its yearly consolidated financial statement of 2019 through the Stock Exchange of Thailand as follows;

TPLAS reports a net profit of 33.31 million baht increased from the year 2018 by 9.48 million baht or 39.79 % due to the increase in spread between sales price and cost.

TPLAS’s sales revenue was 506.44 million baht, decreased by 45.63 million baht or 8.23%  when compared with the year 2018. The reasons of the decrease are a declining

in sales volumes of the Plastic bag and the Wrapping Film as well as a declining in average sales price of the Plastic bag. 

TPLAS has approved to pay a dividend at 0.1 baht per share and will be paid on May 5, 2020.