Prakit Holdings Management

Management criteria checks 2/4

Prakit Holdings' CEO is Prakit Apisarnthanarax, appointed in Jan 1986, has a tenure of 38.83 years. directly owns 19.97% of the company’s shares, worth THB135.21M. The average tenure of the management team and the board of directors is 8.7 years and 31.9 years respectively.

Key information

Prakit Apisarnthanarax

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	38.8yrs
CEO ownership	20.0%
Management average tenure	8.7yrs
Board average tenure	31.9yrs

Recent management updates

Recent updates

CEO

Prakit Apisarnthanarax (85 yo)

38.8yrs

Tenure

Mr. Prakit Apisarnthanarax serves as the Chairman of the Board at Prakit Holdings Public Company Limited since December 28, 1992 and has been its Executive President since 1986. He is President and Directo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Phisal Prahasdangkura	Vice Chairman & Executive VP	31.9yrs	฿1.20m	0.052% THB 350.6k
Prakit Apisarnthanarax	Chairman of the Board & Executive President	38.8yrs	no data	19.97% THB 135.2m
Sirirat Darasrisak	Chief Finance Officer	1.8yrs	no data	no data
Apirak Apisarnthanarak	MD & Director	8.7yrs	no data	6.46% THB 43.7m
Rakchanok Prakopnin	Company Secretary	1.8yrs	no data	no data

8.7yrs

Average Tenure

79yo

Average Age

Experienced Management: PRAKIT's management team is seasoned and experienced (8.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Phisal Prahasdangkura	Vice Chairman & Executive VP	31.9yrs	฿1.20m	0.052% THB 350.6k
Prakit Apisarnthanarax	Chairman of the Board & Executive President	31.9yrs	no data	19.97% THB 135.2m
Apirak Apisarnthanarak	MD & Director	16.6yrs	no data	6.46% THB 43.7m
Vichien Nakintanond	Director	31.9yrs	฿600.00k	no data
Preecha Chaochotechuang	Director	31.9yrs	฿1.28m	0.23% THB 1.6m
Pichai Charnsupharindr	Independent Director	19.6yrs	฿75.00k	no data
Thitawat Asaves	Independent Director	no data	฿75.00k	no data
Bhawat Yupabhorn	Non-Executive Independent Director	2.6yrs	฿60.00k	no data

31.9yrs

Average Tenure

76yo

Average Age

Experienced Board: PRAKIT's board of directors are seasoned and experienced ( 31.9 years average tenure).

Prakit Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

Prakit Holdings Public Company Limited Announces Board Changes

Prakit Holdings Public Company Limited Appoints Thitawat Assawet as Director

Prakit Holdings Public Company Limited Appoints Thitawat Assawet as Director

Prakit Holdings Public Company Limited Announces Chief Finance Officer Changes

Less than half of directors are independent

Prakit Holdings Public Company Limited Announces Resignation of Thitawat Asaves as Independent Director and Audit Committee, Effective from June 1, 2022

Recent updates

New major risk - Revenue size

Third quarter 2024 earnings released: ฿0.23 loss per share (vs ฿0.47 loss in 3Q 2023)

Now 20% undervalued

Now 21% undervalued

Second quarter 2024 earnings released: ฿0.27 loss per share (vs ฿0.46 loss in 2Q 2023)

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Prakit Holdings Public Company Limited Announces Board Changes

First quarter 2024 earnings released: ฿0.59 loss per share (vs ฿5.26 profit in 1Q 2023)

Prakit Holdings Public Company Limited Appoints Thitawat Assawet as Director

Prakit Holdings Public Company Limited Appoints Thitawat Assawet as Director

Dividend of ฿1.00 announced

Prakit Holdings Public Company Limited Proposes Annual Dividend for the Operation from January 1, 2023 to December 31, 2023, Payable on May 23, 2024

Full year 2023 earnings released: EPS: ฿3.86 (vs ฿0.76 loss in FY 2022)

Third quarter 2023 earnings released: ฿0.47 loss per share (vs ฿0.39 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.46 loss per share (vs ฿0.13 loss in 2Q 2022)

Upcoming dividend of ฿1.00 per share at 7.8% yield

Prakit Holdings Public Company Limited Announces Chief Finance Officer Changes

Less than half of directors are independent

Second quarter 2022 earnings released: ฿0.13 loss per share (vs ฿0.13 profit in 2Q 2021)

Prakit Holdings Public Company Limited Announces Resignation of Thitawat Asaves as Independent Director and Audit Committee, Effective from June 1, 2022

Less than half of directors are independent

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Prakit Holdings Public Company Limited Appoints Thitawat Asaves as Independent Director and Member of Audit Committee

Prakit Holdings Public Co.,Ltd Announces Demise of Mr. Sommanous Na Bangchang, Independent Director and Member of Audit Committee

Third quarter 2021 earnings released: ฿0.04 loss per share (vs ฿0.15 profit in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.054 in 2Q 2020)

First quarter 2021 earnings released: ฿0.10 loss per share (vs ฿0.11 loss in 1Q 2020)

Independent Director has left the company

Prakit Holdings Public Company Limited Approves Dividend for the Year Ended December 31, 2020

Upcoming dividend of ฿0.40 per share

Prakit Holdings Public Company Limited, Annual General Meeting, Apr 26, 2021

Full year 2020 earnings released: EPS ฿0.37 (vs ฿0.89 in FY 2019)

New 90-day high: ฿8.50

New 90-day high: ฿7.90

Third quarter 2020 earnings released: EPS ฿0.15

New 90-day low - ฿7.20

New 90-day low - ฿7.45

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age