Leo Global Logistics Records All-Time High Performance in 2022 as Revenue Surges 33%, Offering THB0.20 Dividend

Leo Global Logistics Public Company Limited (SET: LEO) has announced its 2022 consolidated financial statement through the Stock Exchange of Thailand as follows;

Year 2022 2021
Net Profit (Loss)
Million Baht
304.59 198.81
Earning Per Share
0.9550 0.6210
% Change 53.21

LEO reported a net profit of 304 million baht in 2022, increased 53.21% from a net profit of 198 million baht in 2021. The net profit in 2022 was consecutively a new-high record during three years after the IPO.

Total revenue was 4,495 million baht, representing an increase by 33% YoY, due to the increase in sea and air freight charge during the first three quarters of 2022. The company generated gross profit margin in 4Q22 at 26%, higher than 23% in 3Q22.


In addition, the Board of Directors approved a dividend payout of THB0.20 per share to be paid on 26 May 2023. The ex-dividend date is on 9 May 2023.