Reported Earnings • May 19
First quarter 2026 earnings released: EPS: ฿0.83 (vs ฿0.96 in 1Q 2025) First quarter 2026 results: EPS: ฿0.83 (down from ฿0.96 in 1Q 2025). Revenue: ฿1.70b (down 13% from 1Q 2025). Net income: ฿240.7m (down 14% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 21
Dividend reduced to ฿1.50 Dividend of ฿1.50 is 6.3% lower than last year. Ex-date: 31st March 2026 Payment date: 13th May 2026 Dividend yield will be 5.2%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (27% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Mar 20
Saha-Union Public Company Limited announces Annual dividend, payable on May 13, 2026 Saha-Union Public Company Limited announced Annual dividend of THB 1.5000 per share payable on May 13, 2026, ex-date on March 31, 2026 and record date on April 01, 2026. Annuncio • Mar 19
Saha-Union Public Company Limited, Annual General Meeting, Apr 23, 2026 Saha-Union Public Company Limited, Annual General Meeting, Apr 23, 2026, at 10:30 SE Asia Standard Time. Location: at the meeting room, 9th floor of saha-union building, no. 1828 sukhumvit road, phrakhanong tai, phrakhanong, bangkok, bangkok Thailand Reported Earnings • Mar 01
Full year 2025 earnings released: EPS: ฿6.09 (vs ฿5.31 in FY 2024) Full year 2025 results: EPS: ฿6.09 (up from ฿5.31 in FY 2024). Revenue: ฿8.55b (down 15% from FY 2024). Net income: ฿1.77b (up 15% from FY 2024). Profit margin: 21% (up from 15% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 14
Third quarter 2025 earnings released: EPS: ฿0.48 (vs ฿1.19 in 3Q 2024) Third quarter 2025 results: EPS: ฿0.48 (down from ฿1.19 in 3Q 2024). Revenue: ฿2.19b (up 2.4% from 3Q 2024). Net income: ฿139.5m (down 60% from 3Q 2024). Profit margin: 6.4% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: ฿3.22 (vs ฿1.85 in 2Q 2024) Second quarter 2025 results: EPS: ฿3.22 (up from ฿1.85 in 2Q 2024). Revenue: ฿2.18b (down 35% from 2Q 2024). Net income: ฿935.5m (up 74% from 2Q 2024). Profit margin: 43% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annuncio • Jun 20
Saha-Union Public Company Limited Approves Appointment of Nuntawan Sakuntanaga as Director, Independent Director and the Chairman of the Audit Committee, Effective 19 June 2025 The resolution of the Board of Directors' Meeting of Saha-Union Public Company Limited (SUC) No. 6/2025, held on 19 June 2025, approved appointment of Mrs. Nuntawan Sakuntanaga as Company's Director, Independent Director and the Chairman of the Audit Committee, effective on 19 June 2025. Annuncio • May 27
Saha-Union Public Company Limited Announces Resignation of Chai Jangsirikul, Director, Independent Director and Chairman of the Audit Committee, Effective June 2, 2025 Saha-Union Public Company Limited announced resignation of Chai Jangsirikul, Director, independent director and chairman of the audit committee, effective June 2, 2025 due to other necessary engagement. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: ฿0.96 (vs ฿0.94 in 1Q 2024) First quarter 2025 results: EPS: ฿0.96 (up from ฿0.94 in 1Q 2024). Revenue: ฿1.96b (down 9.8% from 1Q 2024). Net income: ฿278.2m (up 1.9% from 1Q 2024). Profit margin: 14% (up from 13% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annuncio • Apr 25
Saha-Union Public Company Limited Approves Dividend for 2024, Payable on May 14, 2025 Saha-Union Public Company Limited announced that at its Annual General Meeting of the Shareholders held on April 24, 2025, resolved to allocate the 2024 net profit appropriation as dividend to shareholders is THB 1.60 per share. Total dividends amounted THB 480,000,000 which was equivalent to 65.60% of the net profit. Dividends would be paid to shareholders whose name were recorded in the closing date of the registration book on share transferring suspension on April 3, 2025. The dividend payment date is May 14, 2025. Declared Dividend • Mar 22
Dividend increased to ฿1.60 Dividend of ฿1.60 is 6.7% higher than last year. Ex-date: 1st April 2025 Payment date: 14th May 2025 Dividend yield will be 5.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (29% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 6.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Mar 22
Saha-Union Public Company Limited, Annual General Meeting, Apr 24, 2025 Saha-Union Public Company Limited, Annual General Meeting, Apr 24, 2025, at 10:30 SE Asia Standard Time. Location: at the meeting room, 9th floor of saha-union, building, no. 1828 sukhumvit road, phrakhanong tai, phrakhanong, Thailand Annuncio • Mar 20
Saha-Union Public Company Limited Proposes Cash Dividend for the Year 2024, Payable on 14 May 2025 On March 20, 2025, the board of directors of Saha-Union Public Company Limited at the AGM to be held on April 24, 2025, proposed cash Dividend for the Year 2024 of THB 1.60 per share, Payable on 14 May 2025. Book closing for the right to receive dividend payment: 3 April, 2025. Ex-dividend date: 1 April, 2025. Par value of THB 10.00 per share. Buy Or Sell Opportunity • Mar 12
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at ฿31.50. The fair value is estimated to be ฿39.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has grown by 30%. Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: ฿5.31 (vs ฿4.10 in FY 2023) Full year 2024 results: EPS: ฿5.31 (up from ฿4.10 in FY 2023). Revenue: ฿10.1b (up 11% from FY 2023). Net income: ฿1.54b (up 30% from FY 2023). Profit margin: 15% (up from 13% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: ฿1.85 (vs ฿1.09 in 2Q 2023) Second quarter 2024 results: EPS: ฿1.85 (up from ฿1.09 in 2Q 2023). Revenue: ฿3.39b (up 60% from 2Q 2023). Net income: ฿539.1m (up 70% from 2Q 2023). Profit margin: 16% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • May 15
First quarter 2024 earnings released: EPS: ฿0.94 (vs ฿0.98 in 1Q 2023) First quarter 2024 results: EPS: ฿0.94 (down from ฿0.98 in 1Q 2023). Revenue: ฿2.18b (down 2.7% from 1Q 2023). Net income: ฿273.1m (down 4.6% from 1Q 2023). Profit margin: 13% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Annuncio • Apr 27
Saha-Union Public Company Limited Approves Dividend for the Year 2023, Payable on 14 May 2024 Saha-Union Public Company Limited announced that at its Annual General Meeting of the Shareholders held on April 25, 2024, approved the Shareholders to authorize the year 2023 net profit appropriation. The approved dividends to Shareholders is THB 1.50 per share. Total dividends amounted THB 450,000,000 which was equivalent to 67.57% of net profit. The dividends would be paid from the unappropriated retained earnings from dividends after 30% Corporate Income Tax at THB 0.02383 per share, 25% Corporate Income Tax at THB 0.03488 per share and 20% Corporate Income Tax at THB 1.44129 per share. General Shareholders would be entitled to tax credit in the calculation of dividend tax payment in accordance with the section 47 bis of the Revenue Code. The year 2023 net profit would be carried forward as retained earnings. Dividends would be paid to Shareholders whose name were recorded in the closing date of the Registration Book on Share Transferring Suspension on 4 April 2024. The dividend payment date is 14 May 2024. The dividend payment will proceed when getting the approval from the Annual General Meeting of shareholders. The Company will notify the Thailand Securities Depository Co. Ltd. (TSD) to deliver dividends to shareholders later. Declared Dividend • Mar 23
Dividend of ฿1.50 announced Dividend of ฿1.50 is the same as last year. Ex-date: 2nd April 2024 Payment date: 14th May 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 63% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.3% EPS decline seen over the last 5 years. Annuncio • Mar 22
Saha-Union Public Company Limited Proposes Dividend for the Year 2023, Payable on 14 May 2024 Saha-Union Public Company Limited at the AGM to be held on April 25, 2024 proposed the Shareholders to authorize the year 2023 net profit appropriation. The proposed dividends to Shareholders is THB 1.50 per share. Total dividends amounted THB 450,000,000 which was equivalent to 67.57% of net profit. The dividends would be paid from the unappropriated retained earnings from dividends after 30% Corporate Income Tax at THB 0.02383 per share, 25% Corporate Income Tax at THB 0.03488 per share and 20% Corporate Income Tax at THB 1.44129 per share. General Shareholders would be entitled to tax credit in the calculation of dividend tax payment in accordance with the section 47 bis of the Revenue Code. The year 2023 net profit would be carried forward as retained earnings. Dividends would be paid to Shareholders whose name were recorded in the closing date of the Registration Book on Share Transferring Suspension on 4 April 2024. The dividend payment date is 14 May 2024. The dividend payment will proceed when getting the approval from the Annual General Meeting of shareholders. The Company will notify the Thailand Securities Depository Co. Ltd. (TSD) to deliver dividends to shareholders later. Reported Earnings • Mar 02
Full year 2023 earnings released: EPS: ฿4.10 (vs ฿3.74 in FY 2022) Full year 2023 results: EPS: ฿4.10 (up from ฿3.74 in FY 2022). Revenue: ฿9.15b (down 6.9% from FY 2022). Net income: ฿1.19b (up 9.8% from FY 2022). Profit margin: 13% (up from 11% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Annuncio • Dec 22
Saha-Union Public Company Limited Announces the Cancellation of the Resignation of Miss Ruangdao Supachorncharan as Chief Accountant Saha-Union Public Company Limited announced the cancellation of the resignation of Miss Ruangdao Supachorncharan as Chief Accountant of the company. Effective Date of Appointment is January 1, 2024. Annuncio • Dec 21
Saha-Union Public Company Limited Announces the Cancellation of Resignation of Ruangdao Supachorncharan as Chief Financial Officer Saha-Union Public Company Limited announced the cancellation of resignation of Miss. Ruangdao Supachorncharan as Chief Financial Officer of the company. Effective Date of Appointment is January 1, 2024. Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: ฿0.76 (vs ฿0.085 in 3Q 2022) Third quarter 2023 results: EPS: ฿0.76 (up from ฿0.085 in 3Q 2022). Revenue: ฿2.30b (down 2.5% from 3Q 2022). Net income: ฿219.6m (up ฿195.0m from 3Q 2022). Profit margin: 9.5% (up from 1.0% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: ฿1.09 (vs ฿1.01 in 2Q 2022) Second quarter 2023 results: EPS: ฿1.09 (up from ฿1.01 in 2Q 2022). Revenue: ฿2.20b (up 4.9% from 2Q 2022). Net income: ฿318.1m (up 8.3% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • May 18
First quarter 2023 earnings released: EPS: ฿0.98 (vs ฿1.03 in 1Q 2022) First quarter 2023 results: EPS: ฿0.98 (down from ฿1.03 in 1Q 2022). Revenue: ฿2.26b (down 6.4% from 1Q 2022). Net income: ฿286.2m (down 4.1% from 1Q 2022). Profit margin: 13% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 21
Upcoming dividend of ฿1.50 per share at 4.8% yield Eligible shareholders must have bought the stock before 28 March 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (4.0%). Reported Earnings • Nov 18
Third quarter 2022 earnings released: EPS: ฿0.085 (vs ฿0.21 in 3Q 2021) Third quarter 2022 results: EPS: ฿0.085 (down from ฿0.21 in 3Q 2021). Revenue: ฿2.36b (up 9.2% from 3Q 2021). Net income: ฿24.6m (down 61% from 3Q 2021). Profit margin: 1.0% (down from 2.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 13% per year. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: ฿1.01 (vs ฿0.46 in 2Q 2021) Second quarter 2022 results: EPS: ฿1.01 (up from ฿0.46 in 2Q 2021). Revenue: ฿2.26b (up 16% from 2Q 2021). Net income: ฿293.6m (up 120% from 2Q 2021). Profit margin: 13% (up from 6.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • May 17
First quarter 2022 earnings released: EPS: ฿1.03 (vs ฿1.07 in 1Q 2021) First quarter 2022 results: EPS: ฿1.03 (down from ฿1.07 in 1Q 2021). Revenue: ฿2.48b (up 4.0% from 1Q 2021). Net income: ฿298.4m (down 4.0% from 1Q 2021). Profit margin: 12% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 22
Upcoming dividend of ฿1.50 per share Eligible shareholders must have bought the stock before 29 March 2022. Payment date: 22 April 2022. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 4.4%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (3.4%). Reported Earnings • Mar 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ฿2.07 (down from ฿2.91 in FY 2020). Revenue: ฿8.93b (down 4.7% from FY 2020). Net income: ฿601.2m (down 29% from FY 2020). Profit margin: 6.7% (down from 9.0% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS ฿0.22 (vs ฿0.71 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿2.16b (down 4.6% from 3Q 2020). Net income: ฿62.6m (down 70% from 3Q 2020). Profit margin: 2.9% (down from 9.1% in 3Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Annuncio • Aug 27
Saha-Union NVDR Shares to Be Deleted from Other OTC Saha-Union Public Company Limited NVDR Shares (Thailand) will be deleted from Other OTC effective from August 27, 2021, due to Inactive Security. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ฿0.46 (vs ฿0.66 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿1.98b (down 9.9% from 2Q 2020). Net income: ฿133.4m (down 30% from 2Q 2020). Profit margin: 6.7% (down from 8.7% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • May 19
First quarter 2021 earnings released: EPS ฿1.07 (vs ฿0.17 in 1Q 2020) The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: ฿2.38b (flat on 1Q 2020). Net income: ฿310.7m (up ฿262.3m from 1Q 2020). Profit margin: 13% (up from 2.0% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of ฿1.50 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 23 April 2021. Trailing yield: 3.9%. Lower than top quartile of Thai dividend payers (5.1%). Higher than average of industry peers (2.7%). Is New 90 Day High Low • Mar 16
New 90-day high: ฿35.25 The company is up 2.0% from a price of ฿34.50 on 16 December 2020. Underperformed the Thai market, which is up 6.0% over the last 90 days. Lagged the Industrials industry, which is up 8.0% over the same period. Reported Earnings • Mar 02
Full year 2020 earnings released: EPS ฿2.91 (vs ฿3.83 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿9.37b (down 13% from FY 2019). Net income: ฿845.1m (down 24% from FY 2019). Profit margin: 9.0% (down from 10% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 28
New 90-day low: ฿33.25 The company is down 1.0% from its price of ฿33.75 on 30 October 2020. The Thai market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 21% over the same period. Annuncio • Nov 19
Saha-Union Public Company Limited Announces the Appointment of Miss. Ruangdao Supachorncharan as CFO Saha-Union Public Company Limited announced the appointment of Miss. Ruangdao Supachorncharan as CFO of the company. Reported Earnings • Nov 18
Third quarter 2020 earnings released: EPS ฿0.71 The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: ฿2.27b (down 7.0% from 3Q 2019). Net income: ฿205.8m (down 6.0% from 3Q 2019). Profit margin: 9.1% (up from 9.0% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 12
New 90-day high: ฿34.75 The company is up 3.0% from its price of ฿33.75 on 14 August 2020. The Thai market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Industrials industry, which is up 4.0% over the same period.