YGG Jumps 7% after Outstanding 1Q Results and THB0.109 Dividend Payment

The share price of Yggdrazil Group Public Company Limited (SET: YGG) rose as much as 7.23% to THB8.90 per share after the company announced outstanding 1Q22 results, coupled with a dividend payment.


YGG reported a net profit of 30.39 million baht in 1Q22, increased 93.68% from a net profit of 15.69 million baht in 1Q21. The increase was mainly due to a 41% growth in revenue, while total costs grew 20.89%. 

Quarter 1Q22 1Q21
Net Profit (Loss)
Million Baht
30.39 15.69
Earning Per Share
0.1400 0.0900
% Change 93.68


On May 17, 2022, the board of directors also approved an interim dividend payment of THB0.109 per share to be paid on June 13, 2022. The ex-dividend date is May 30, 2022. 

In the meantime, the company is expecting to move from the Market of Alternative Investment (mai), an alternative stock market for small and medium-sized enterprises, to Thailand’s main SET Index by later this year or early 2023.