COM7 Reports 47% Growth in Profit, Proposing ฿0.50 Dividend, XD May 7
COM7's profit grows 46.37% in 2018 while proposing a dividend payment at the rate of ฿0.50/share, XD May 7, 2019.
Com7 Public Company Limited (COM7) has reported its consolidated financial statement yearly 2018 through the Stock Exchange of Thailand as follows:
COM7 reported an increase of profit from the previous year by 46.37% from THB 608 million to THB 891 million mainly due to an increase of sales and services revenue that contributed THB 27,913.0 million, an increase of THB 5,381.8 million baht or equivalent to 23.9%.
The company is still planning to expand its business both in B2C and B2B. In 2018, COM7 had expanded its branches in many brands including adding various distribution channels to serve both new and existing customers.
Furthermore, the product had been adjusted to be more diverse, but still have to manage the product closely and product selection to match the customer group, including various promotions according to customers in the B2B, which currently has a growing customer base and is expected to continue growing.
In addition, COM7 also announced a dividend payment from the operating period in 2018 to the shareholders at the rate of ฿0.50/share in cash to be paid on May 24, 2019. The ex-dividend date is May 7, 2019.