Declared Dividend • May 24First quarter dividend of ฿0.033 announcedShareholders will receive a dividend of ฿0.033. Ex-date: 4th June 2026 Payment date: 22nd June 2026 Dividend yield will be 6.0%, which is higher than the industry average of 3.9%.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: ฿0.047 (vs ฿0.031 in 1Q 2025)First quarter 2026 results: EPS: ฿0.047 (up from ฿0.031 in 1Q 2025). Revenue: ฿8.69m (up 13% from 1Q 2025). Net income: ฿5.07m (up 52% from 1Q 2025). Profit margin: 58% (up from 43% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.
New Risk • Mar 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 2.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (฿223.6m market cap, or US$6.82m). Minor Risks Dividend is not well covered by earnings (105% payout ratio). Share price has been volatile over the past 3 months (2.7% average weekly change). Revenue is less than US$5m (฿33m revenue, or US$1.0m).