Ichitan Group Public Company Limited (SET: ICHI) has announced its 2023 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Year | 2023 | 2022 |
| Net Profit (Loss) Million Baht |
1,100.42 | 641.64 |
| Earning Per Share (Baht) |
0.8500 | 0.4900 |
| % Change | 71.50 | |
ICHI reported a net profit of 1,104 million baht, increased 71.50% from 2022, representing a net profit margin of 13.7%, up from 10.1% last year.
Revenue from sales for the year was 8,050 million baht, increased by 27% from 2022, which was mainly due to the increase in domestic sales of 28.9% from ready-to-drink tea market and recovering consumption in Thailand. On the other hand, export sales increased 8.8% due to the economic recovery of trading partner countries and revenue from contract manufacturing (OEM).
In addition, the company announced a dividend payment of THB0.50 per share to be paid on 10 May 2024. The ex-dividend date is 5 March 2024.
