BCPG Records THB2.28 Billion of Recurring Net Profit in 2021, Offering THB0.17 Dividend

BCPG and its subsidiaries announced their operating results in 2021 with total revenue of THB 4,669 million, a 10.4% increase from 2020 (THB 4,231 million). The company’s recurring net profit reached THB 2,284 million, accounting for a 16.6% increase from previous year (THB 1,959 million).

In Q4/2021, BCPG could also achieve total revenue of THB 1,232 million, a 8.4% increase from last year (THB 1,137 million). The company’s recurring net profit in Q4/2021 accounted for THB 583 million or a 8.7% increase from 2020 (THB 536 million).

“2021 marked a successful year of BCPG. In Q4/2021, we could recognize revenue from the commercial operation of new green power projects – 20 MW solar power plant in Chiba, Japan and 7.7 MW solar rooftop project at Chiang Mai University. There was also higher revenue contribution from solar power plants in Thailand due to efficiency improvement program”, said Niwat Adirek, BCPG’s CEO and President.

The company’s Board of Directors meeting on February 15, 2022, approved the interim dividend payment to shareholders from the net profit in the second half of 2021 (July 1 – December 31, 2021) at the rate of THB 0.17 per share. Combined with the previous interim dividend payment for the first half of the year (January 1 – June 30, 2021), the total interim dividend payment for 2021 was THB 0.33 per share.

The company will inform shareholders who have right to receive the Record Date’s dividends (XD) and right to attend the company’s Annual General Meeting (AGM) on March 4, 2022, while shareholders who do not have right to receive the Record Date’s dividends and have no right to attend AGM will be informed of Exclude Meetings (XM) on March 3, 2022. After approval at the AGM, the dividend payment date is scheduled for April 22, 2022. The company’s Annual General Meeting 2022 will take place on April 7, 2022, at M Tower Building from 13.30 hrs.