RATCH Approves an Interim Dividend Payment of THB0.80; XD Date on Sep 9

Ratch Group Public Company Limited (SET: RATCH) announced on Monday that its Board of Directors has approved an interim dividend payment from the operating result for the six-month period ended June 30, 2022 at the rate of THB0.80 per share.

The Ex-dividend date (XD) is set for 9 September 2022. The payment of the interim dividend will be made on 23 September 2022.

In 2Q22, RATCH posted a small increase in net profit of THB2,196 million, up from a net profit of THB2,122 million in 2Q21 as the total revenues increased since the Energy Payment of RG increased due to higher electricity generated than that of the same period of the previous year. Also, the revenues of SCG Power Plant and Asahan-1 Hydro Power Plant (Held by FRD) have been consolidated since the acquisition in the 4th quarter of 2021.
In addition, revenue from sales of RAC Power Plant increased as Collector Power Plant commenced COD in June 2021, and the electricity price increased due to the increase in demand.