NETBAY Reports Slight Increase of 2023 Earnings along with Dividend Payment

Netbay Public Company Limited (SET: NETBAY) has announced its 2023 consolidated financial statement through the Stock Exchange of Thailand as follows;

Year 2023 2022
Net Profit (Loss)
Million Baht
180.30 169.74
Earning Per Share
0.9000 0.8500
% Change 6.22

NETBAY reported a net profit of Baht 180 million in 2023, increased by 6.22% from Baht 169 million in 2022. The rise was due to a continuously maintained revenue growth in revenue and the efficiency in the management of cost of services and service & administrative expenses.

Service income of the company in 2023 was Baht 487.38 million, an increase of Baht 30.19 million or 6.60% from the year ended 2022, following a recovery in the economy.

In addition, the Board of Directors approved a dividend payment of THB 0.8983 per share to be paid on 21 May 2024. The ex-dividend date is 2 May 2024.