SNNP Records 18% Growth in Net Profit for 2023, Offering THB0.23 Dividend Payout

Srinanaporn Marketing Public Company Limited (SET: SNNP) has announced its 2022 consolidated financial statement through the Stock Exchange of Thailand as follows;

Year 2022 2021
Net Profit (Loss)
Million Baht
515.72 437.17
Earning Per Share
0.5400 0.5300
% Change 17.97

SNNP reported a net profit of Baht 515.7 million, increased 18.0% from the year 2021 as the result of improvement of both domestic and overseas, the successful launch of new products, and good responses on the rebranding of the company’s products and the efficient cost management also supported the domestic and overseas growth.

For the year 2022, the company’s total revenue from sales was Baht 5,556.1 million, increased 27.5% compared to the previous year.

In addition, the Board of Directors approved a dividend payout of THB0.23 per share to be paid on 19 May 2023. The ex-dividend date is 2 May 2023.