Higher Costs and Expenses Pressure CPALL 2021 Earnings by 20%, Offering THB0.60 Dividend

CP All Public Company Limited (SET: CPALL) has announced its 2021 consolidated financial statement through the Stock Exchange of Thailand as follows;

Yearly 2021 2020
Net Profit (Loss)
Million Baht
12,985.48 16,102.42
Earning Per Share THB 1.33 1.68

CPALL reported a net profit of Baht 12,985 million in 2021, decreased 19.36% from a net profit of Baht 16,102 million.

In 2021, CPALL reported total revenue of Baht 5 8 7 ,5 9 7 million, increased by 7.5 percent YoY.

CPALL reported distribution costs and administrative expenses and other expenses at a total amount of Baht 124,026 million, increased by 15 percent YoY which mainly from impairment for loss on intangible assets other than goodwill at the amount of Baht 7,159 million.

In addition, the Board of Directors approved a dividend payment of THB0.60 per share to be paid on 20 May 2022. The ex-dividend date is 28 April 2022.