Price Target Changed • May 11
Price target decreased by 15% to ฿3.59 Down from ฿4.22, the current price target is an average from 2 analysts. New target price is 22% above last closing price of ฿2.94. Stock is up 8.9% over the past year. The company is forecast to post earnings per share of ฿0.27 for next year compared to ฿0.27 last year. Reported Earnings • May 08
First quarter 2026 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2026 results: EPS: ฿0.06 (down from ฿0.063 in 1Q 2025). Revenue: ฿770.4m (up 6.6% from 1Q 2025). Net income: ฿48.4m (down 4.2% from 1Q 2025). Profit margin: 6.3% (down from 7.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Consumer Retailing industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Apr 23
Thanapiriya Public Company Limited Approves Dividend for Year 2025, Payable on 22 May 2026 Thanapiriya Public Company Limited at the AGM held on 22 April 2026, approved to distribute dividend to existing shareholders whose names appear in the Register of Shareholders as of March 12, 2026, i.e. the Record Date, determined by the Board of Directors. The dividend shall be distributed at the rate of THB 0.105 per share with a total amount of THB 84,000,000 of which the Company has paid an interim dividend at the rate of THB 0.05 per share, or amounting to THB 40,000,000 on September 8, 2025. Therefore, the remaining dividends will be paid at the rate of THB 0.055 per share, amounting to THB 44,000,000 and the dividend distribution will be made on May 22, 2026. The rate of the paid dividend in comparison with net profit of the separate financial statements, after deduction of corporate income tax and statutory reserve in 2025, is equivalent to 41.14%, which is in line with the Company's dividend policy.