EA Sees Surge in E-Bus Delivery in 2023 as Net Profit Reaches THB7.6 Billion

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

EA reported a net profit of THB 7,606.17 million, an increase of THB 1.88 million which is slightly as compared to the same period last year. The Company realized a net profit from the special transaction (non-recurring) of THB 1,376.28 million in 2023. In 2023, The Company realized gain on reclassification of investment amount of THB 461.63 million and in 2022, the company realized gain on Entire Business Transfer (“EBT”) of THB 1,837.91 million.

The total revenue of EA amounted to THB 31,597.76 million, an increase of THB 4,050.95 million or 14.71% compared to the same period last year (The Year 2022: THB 27,546.81 million).

For the years 2023 and 2022, the company sold 2,264 and 1,160 electric buses and commercial vehicles respectively. Revenue amounted to THB 11,376.63 million, an increase of THB 4,587.83 million compared to the same period last year (The Year 2022: THB 6,788.80 million).

 

In addition, the company approved a dividend payment of THB 0.30 per share  to be paid on 24 May 2024. The ex-dividend date is 8 March 2024.