Muangthai Capital Public Company Limited (SET: MTC) announced its 2021 consolidated financial statement through the Stock Exchange of Thailand as follows;
|Net Profit (Loss)
|Earning Per Share (Baht)||2.3300||2.4600|
MTC reported a net profit of Baht 4,944 million in 2021, decreased slightly by 5.17% compared to a net profit of Baht 5,213 million in 2020.
For the year ended 31 December 2021, total revenue was Baht 16,019 million, increasing by Baht 1,286 million, or 8.73 percent, from the same period of the previous year. Meanwhile, selling and administrative expenses were Baht 6,962 million, increased by Baht 818 million, or 13. 31 percent, from the same period of the previous year.
Financial cost was Baht 2,127 million, rising by Baht 310 million, or 17.06 percent, from the same period of the previous year. The rise was due to interest expense from loans and interest expense from Lease liabilities under TFRS16.
Expected credit loss was Baht 748 million, rising by Baht 457 million, or 157.04 percent, from the same period of the previous year.
As at 31 December 2021, the number of branches was 5,799, increasing by 915 branches, from the end of the year 2020.
The Board of Directors of MTC resolved to propose to shareholders a dividend payment from the operation in 2021 at THB0.37 per share to be paid on 17 May 2022. The ex-dividend date is on 28 April 2022.