Ubon Bio Ethanol Records THB330 Million of Net Profit in 2023, Offering THB0.04 Dividend Payout

Ubon Bio Ethanol Public Company Limited (SET: UBE) has announced its 2022 consolidated financial statement through the Stock Exchange of Thailand as follows;

Year 2022 2021
Net Profit (Loss)
Million Baht
329.21 320.88
Earning Per Share
0.0840 0.1050
% Change 2.60

UBE generated total revenue of THB7,199.3 million, increased THB226.8 million or +3.3% from last year (YoY) and recorded the company’s total profit at the amount of THB329.2 million, increased THB8.3 million or +2.6% YoY mainly due to income tax revenue from deferred tax assets recognized from the utilization of unused tax losses from expected future taxable profits.

In addition, the Board of Directors approved a dividend payout of THB0.04 per share to be paid on 15 May 2023. The ex-dividend date is 17 March 2023.