HANA Posts Profit of THB2.1 Billion in 2022, Up 36% YoY on Weak Baht

Hana Microelectronics Public Company Limited (SET: HANA) announced its 2022 consolidated financial statement through the Stock Exchange of Thailand as follows;

Year 2022 2021
Net Profit (Loss)
Million Baht
2,102 1,545
Earning Per Share
2.61 1.92
% Change 36

In 2022, HANA registered a net profit of THB 2,102 million, an increase of 36% from a net profit of THB 1,545 million in 2021. This was due to a 10% weaker average THB/USD exchange rate in 2022, and exceptional item of THB 420 million (USD 12.7 million) write-down of balance of Credit Suisse Supply Chain fund in Q421.

Sales revenue increased 14% year on year, at THB 27,167 million in 2022 from THB 23,780 million in 2021. Sales revenue in USD terms increased by 4% to USD 775 million in 2022 from USD 744 million in 2021. Earnings from Operations increased 9% to THB 2,422 million in 2022 from THB 2,219 million in 2021.

In addition, the Board of Directors approved a THB0.50 dividend payout to be paid on 16 May 2023. The ex-dividend date is on 13 March 2023.