JMART Books THB14 Billion of Revenue in 2022, Offering THB0.66 Dividend Payout

Jay Mart Public Company Limited (SET: JMART) has announced its 2022 consolidated financial statement through the Stock Exchange of Thailand as follows;

Year 2022 2021
Net Profit (Loss)
Million Baht
1,794.96 2,467.60
Earning Per Share
1.2660 2.3920
% Change -27.26

JMART reported a net profit of 1,794 million baht in 2022, decreased 27.26% from a net profit of 2,467 million baht in 2021.

The total revenue of the Company in 2022 was 13,920 million baht, an increase from the same period of the previous year 2,127.2 million baht or an increase of 18%. The increase in total revenue was mainly due to increased revenue in the mobile distribution business and non-performing debt management business.

Despite a rise in revenue the company had a total cost of sales and services 9,609 million baht, an increase by 18.5% from 8,107 million baht in 2021.

Meanwhile, the company had a gross profit margin from the consolidated financial statements in 2022 was 31 million baht, a slight decrease of 0.3% compared to the same period last year.

In addition, JMART announced a THB0.66 of dividend payout on 3 May 2023. The ex-dividend date is on 11 April 2023.