Reported Earnings • Feb 25
Full year 2025 earnings released: EPS: ฿0.47 (vs ฿0.71 in FY 2024) Full year 2025 results: EPS: ฿0.47 (down from ฿0.71 in FY 2024). Revenue: ฿9.17b (up 2.6% from FY 2024). Net income: ฿169.3m (down 34% from FY 2024). Profit margin: 1.8% (down from 2.9% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year. Duyuru • Feb 24
Metro Systems Corporation Public Company Limited announces Annual dividend, payable on April 24, 2026 Metro Systems Corporation Public Company Limited announced Annual dividend of THB 0.3500 per share payable on April 24, 2026, ex-date on March 09, 2026 and record date on March 10, 2026. Duyuru • Feb 23
Metro Systems Corporation Public Company Limited, Annual General Meeting, Apr 02, 2026 Metro Systems Corporation Public Company Limited, Annual General Meeting, Apr 02, 2026, at 10:00 SE Asia Standard Time. Location: metro systems corporation pcl, -located at no.400, chalermprakiat rama ix road, nongbon, prawet, building g, floor 2., bangkok. Thailand Reported Earnings • Nov 14
Third quarter 2025 earnings released: EPS: ฿0.053 (vs ฿0.071 in 3Q 2024) Third quarter 2025 results: EPS: ฿0.053 (down from ฿0.071 in 3Q 2024). Revenue: ฿2.06b (down 10% from 3Q 2024). Net income: ฿19.0m (down 26% from 3Q 2024). Profit margin: 0.9% (down from 1.1% in 3Q 2024). The decrease in margin was driven by lower revenue. 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 8% per year. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: ฿0.053 (vs ฿0.12 in 2Q 2024) Second quarter 2025 results: EPS: ฿0.053 (down from ฿0.12 in 2Q 2024). Revenue: ฿1.98b (up 1.7% from 2Q 2024). Net income: ฿19.0m (down 57% from 2Q 2024). Profit margin: 1.0% (down from 2.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 9% per year. Reported Earnings • May 09
First quarter 2025 earnings released: EPS: ฿0.32 (vs ฿0.28 in 1Q 2024) First quarter 2025 results: EPS: ฿0.32 (up from ฿0.28 in 1Q 2024). Revenue: ฿3.19b (up 38% from 1Q 2024). Net income: ฿116.0m (up 13% from 1Q 2024). Profit margin: 3.6% (down from 4.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 3% per year. Buy Or Sell Opportunity • Apr 16
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 1.9% to ฿7.95. The fair value is estimated to be ฿6.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years, while earnings per share has been flat. Declared Dividend • Feb 26
Dividend of ฿0.50 announced Dividend of ฿0.50 is the same as last year. Ex-date: 10th March 2025 Payment date: 25th April 2025 Dividend yield will be 6.2%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Feb 25
Metro Systems Corporation Public Company Limited Proposes Cash Dividend for the Operating Period from 1 January 2024 to 31 December 2024, Payable on 25 April 2025 Metro Systems Corporation Public Company Limited announced that at its AGM to be held on 1 April 2025, to propose cash dividend of THB 0.50 per share for the operating period from 1 January 2024 to 31 December 2024. Record date for the right to receive dividends is 11 March 2025. Ex-dividend date is 10 March 2025. Payment date is 25 April 2025. Duyuru • Feb 24
Metro Systems Corporation Public Company Limited, Annual General Meeting, Apr 01, 2025 Metro Systems Corporation Public Company Limited, Annual General Meeting, Apr 01, 2025, at 10:00 SE Asia Standard Time. Location: metro systems corporation public company limited, located at building g, floor 2. no.400, chalermprakiat rama ix road, nongbon, prawet, bangkok Thailand Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: ฿0.071 (vs ฿0.053 in 3Q 2023) Third quarter 2024 results: EPS: ฿0.071 (up from ฿0.053 in 3Q 2023). Revenue: ฿2.30b (up 23% from 3Q 2023). Net income: ฿25.7m (up 35% from 3Q 2023). Profit margin: 1.1% (up from 1.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year. Buy Or Sell Opportunity • Nov 11
Now 21% overvalued Over the last 90 days, the stock has fallen 4.2% to ฿7.90. The fair value is estimated to be ฿6.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 13%. Buy Or Sell Opportunity • Oct 21
Now 21% overvalued Over the last 90 days, the stock has fallen 8.0% to ฿8.00. The fair value is estimated to be ฿6.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 13%. Buy Or Sell Opportunity • Sep 06
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 3.2% to ฿8.10. The fair value is estimated to be ฿6.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 13%. Buy Or Sell Opportunity • Aug 21
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.3% to ฿8.00. The fair value is estimated to be ฿6.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 13%. Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: ฿0.12 (vs ฿0.22 in 2Q 2023) Second quarter 2024 results: EPS: ฿0.12 (down from ฿0.22 in 2Q 2023). Revenue: ฿1.95b (down 7.3% from 2Q 2023). Net income: ฿44.1m (down 45% from 2Q 2023). Profit margin: 2.3% (down from 3.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year. Duyuru • Apr 03
Metro Systems Corporation Public Company Limited Approves Dividend Payment for the Year 2023, Payable on April 24, 2024 Metro Systems Corporation Public Company Limited at its AGM, held on April 2, 2024, approved of the declaration of a dividend payment for the year 2023 to the Company's shareholders at the rate of THB 0.50 per share, totaling to THB 180,000,000 or equivalent to 77% of the Company's net profit which is consistent with the dividend payment policy of the Company. However, The Company has allocated net profits at least 10% of the registered capital which is according to the law and the Company's rules. The record date for determination of which shareholders are entitled to obtain dividend is fixed on March 8, 2024. The payment of dividend will be made on April 24, 2024. Upcoming Dividend • Feb 29
Upcoming dividend of ฿0.50 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 24 April 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 5.8%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (1.1%). Declared Dividend • Feb 24
Dividend increased to ฿0.50 Dividend of ฿0.50 is 25% higher than last year. Ex-date: 7th March 2024 Payment date: 24th April 2024 Dividend yield will be 5.9%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (0.0204% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Duyuru • Feb 23
Metro Systems Corporation Public Company Limited, Annual General Meeting, Apr 02, 2024 Metro Systems Corporation Public Company Limited, Annual General Meeting, Apr 02, 2024, at 10:00 SE Asia Standard Time. Location: No. 400, Chalermprakiat Rama IX Road, Nongbon, Prawet, Bangkok Bangkok Thailand Agenda: To acknowledge the report of the Company's operating results for the year ending December 31, 2023 and Annual Report for 2023; to consider and approve the Statement of Financial Position and Statement of Comprehensive Income for the fiscal period ending December 31, 2023;to consider and approve the profit allocation and dividend payment for the year 2023;to consider and approve the election of directors in place of those retiring by rotation;to consider and approve the remuneration of directors for the year 2024;to consider and approve the appointment of the Company's Auditor and fixing the auditor's remuneration for the year 2024;to consider and approve the amendments of the Company's articles of association. Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: ฿0.79 (vs ฿0.68 in FY 2022) Full year 2023 results: EPS: ฿0.79 (up from ฿0.68 in FY 2022). Revenue: ฿9.48b (up 1.2% from FY 2022). Net income: ฿285.0m (up 16% from FY 2022). Profit margin: 3.0% (up from 2.6% in FY 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: ฿0.053 (vs ฿0.25 in 3Q 2022) Third quarter 2023 results: EPS: ฿0.053 (down from ฿0.25 in 3Q 2022). Revenue: ฿1.87b (down 36% from 3Q 2022). Net income: ฿19.0m (down 79% from 3Q 2022). Profit margin: 1.0% (down from 3.1% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: ฿0.22 (vs ฿0.20 in 2Q 2022) Second quarter 2023 results: EPS: ฿0.22 (up from ฿0.20 in 2Q 2022). Revenue: ฿2.10b (up 3.6% from 2Q 2022). Net income: ฿80.5m (up 12% from 2Q 2022). Profit margin: 3.8% (up from 3.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ฿9.10, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 16x in the Electronic industry in Thailand. Total returns to shareholders of 113% over the past three years. Upcoming Dividend • Mar 02
Upcoming dividend of ฿0.40 per share at 4.4% yield Eligible shareholders must have bought the stock before 09 March 2023. Payment date: 21 April 2023. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Thai dividend payers (5.7%). Higher than average of industry peers (0.9%). Reported Earnings • Feb 23
Full year 2022 earnings released: EPS: ฿0.68 (vs ฿0.55 in FY 2021) Full year 2022 results: EPS: ฿0.68 (up from ฿0.55 in FY 2021). Revenue: ฿9.37b (up 30% from FY 2021). Net income: ฿244.9m (up 24% from FY 2021). Profit margin: 2.6% (down from 2.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Phornsiri Thivavarnvongs was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Nov 08
Metro Systems Corporation Public Company Limited Announces Change of CFO Metro Systems Corporation Public Company Limited announced Cessation of Mrs. Nittaya Thanaviriyakul as CFO, and appointment of Miss Sumateta Jitsiripol as CFO effective from January 1, 2023. Reported Earnings • Nov 08
Third quarter 2022 earnings released: EPS: ฿0.25 (vs ฿0.15 in 3Q 2021) Third quarter 2022 results: EPS: ฿0.25 (up from ฿0.15 in 3Q 2021). Revenue: ฿2.92b (up 62% from 3Q 2021). Net income: ฿91.2m (up 64% from 3Q 2021). Profit margin: 3.1% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: ฿0.20 (vs ฿0.065 in 2Q 2021) Second quarter 2022 results: EPS: ฿0.20 (up from ฿0.065 in 2Q 2021). Revenue: ฿2.02b (up 37% from 2Q 2021). Net income: ฿72.1m (up 209% from 2Q 2021). Profit margin: 3.6% (up from 1.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improved over the past week After last week's 26% share price gain to ฿13.40, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 20x in the Electronic industry in Thailand. Total returns to shareholders of 118% over the past three years. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 16% share price gain to ฿9.65, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 19x in the Electronic industry in Thailand. Total returns to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 15% share price gain to ฿10.10, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 22x in the Electronic industry in Thailand. Total returns to shareholders of 61% over the past three years. Reported Earnings • May 16
First quarter 2022 earnings released: EPS: ฿0.18 (vs ฿0.17 in 1Q 2021) First quarter 2022 results: EPS: ฿0.18 (up from ฿0.17 in 1Q 2021). Revenue: ฿2.35b (up 11% from 1Q 2021). Net income: ฿64.3m (up 4.2% from 1Q 2021). Profit margin: 2.7% (down from 2.9% 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 14% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improved over the past week After last week's 15% share price gain to ฿10.30, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 23x in the Electronic industry in Thailand. Total returns to shareholders of 79% over the past three years. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Phornsiri Thivavarnvongs was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Apr 03
Metro Systems Corporation Public Company Limited Approves Declaration of Dividend for the Year 2021, Payable on April 22, 2022 Metro Systems Corporation Public Company Limited approved the declaration of a dividend payment for the year 2021 to the company's shareholders at the rate of THB 0.38 per share, totaling to THB 136,800,000 or equivalent to 70% of the Company's net profit which is consistent with the dividend payment policy of the Company. However, The Company has allocated net profits at least 10% of the registered capital which is according to the law and the Company's rules. The record date for determination of which shareholders are entitled to obtain dividend is fixed on March 11, 2022. The payment of dividend will be made on April 22, 2022. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 32% share price gain to ฿7.70, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 26x in the Electronic industry in Thailand. Total returns to shareholders of 30% over the past three years. Upcoming Dividend • Mar 03
Upcoming dividend of ฿0.38 per share Eligible shareholders must have bought the stock before 10 March 2022. Payment date: 22 April 2022. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 6.1%. Within top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (1.4%). Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ฿0.55 (up from ฿0.43 in FY 2020). Revenue: ฿7.20b (down 1.8% from FY 2020). Net income: ฿197.3m (up 27% from FY 2020). Profit margin: 2.7% (up from 2.1% in FY 2020). Revenue was in line with analyst estimates. 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 6% per year, which means it has not declined as severely as earnings. Duyuru • Feb 26
Metro Systems Corporation Public Company Limited, Annual General Meeting, Apr 01, 2022 Metro Systems Corporation Public Company Limited, Annual General Meeting, Apr 01, 2022, at 03:00 Coordinated Universal Time. Location: No. 400, Chalermprakiat Rama IX Road, Nongbon, Prawet Bangkok Thailand Agenda: To acknowledge the report of the Company's operating results for the year ending December 31, 2021 and Annual Report for 2021; to consider and approve the Statement of Financial Position and Statement of Comprehensive Income for the fiscal period ending December 31, 2021; to consider and approve the profit allocation and dividend payment for the year 2021; to consider and approve the election of directors in place of those retiring by rotation; to consider and approve the remuneration of Directors for the year 2022; to consider and approve the appointment of the Company's Auditor and fixing the auditor's remuneration for the year 2022; and to consider other business (if any). Duyuru • Feb 25
Metro Systems Corporation Public Company Limited Proposes Dividend Metro Systems Corporation Public Company Limited at Board of Directors meeting on February 24, 2022, has an opinion to propose to the Annual General Meeting for the profit allocation and dividend payment according to the 2021 operation results at the rate of THB 0.38 per share, amounting to THB 136,800,000 to the Company's shareholders on the date of April 22, 2022. However, the right to receive the dividend is pending to shareholders approval at Annual General Meeting. The record date for determination of which shareholders are eligible to attend the Annual General Meeting and entitled to obtain dividend is fixed on March 11, 2022. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS ฿0.15 (vs ฿0.17 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: ฿1.80b (down 17% from 3Q 2020). Net income: ฿54.1m (down 8.9% from 3Q 2020). Profit margin: 3.0% (up from 2.7% in 3Q 2020). 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 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 10
Second quarter 2021 earnings released: EPS ฿0.065 (vs ฿0.037 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ฿1.48b (down 2.2% from 2Q 2020). Net income: ฿23.3m (up 76% from 2Q 2020). Profit margin: 1.6% (up from 0.9% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • May 15
First quarter 2021 earnings released: EPS ฿0.17 (vs ฿0.17 in 1Q 2020) The company reported a solid first quarter result with improved revenues, although earnings and profit margins were flat. First quarter 2021 results: Revenue: ฿2.14b (up 6.3% from 1Q 2020). Net income: ฿61.8m (flat on 1Q 2020). Profit margin: 2.9% (in line with 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 increased by 1% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 04
Upcoming Dividend of ฿0.30 Per Share Will be paid on the 30th of April to those who are registered shareholders by the 11th of March. The trailing yield of 4.7% is below the top quartile of Thai dividend payers (5.8%), but it is higher than industry peers (1.4%). Duyuru • Mar 02
Metro Systems Corporation Public Company Limited, Annual General Meeting, Apr 01, 2021 Metro Systems Corporation Public Company Limited, Annual General Meeting, Apr 01, 2021, at 10:00 SE Asia Standard Time. Location: G Building 2nd Floor, No. 400, Chalermprakiat Rama IX Road Nongbon Prawet Bangkok Thailand Reported Earnings • Feb 24
Full year 2020 earnings released: EPS ฿0.43 (vs ฿0.61 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿7.33b (down 1.0% from FY 2019). Net income: ฿155.8m (down 29% from FY 2019). Profit margin: 2.1% (down from 3.0% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 18
New 90-day high: ฿6.75 The company is up 4.0% from its price of ฿6.50 on 20 November 2020. The Thai market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 93% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: ฿6.65 The company is up 6.0% from its price of ฿6.25 on 22 October 2020. The Thai market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 133% over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS ฿0.17 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿2.16b (up 25% from 3Q 2019). Net income: ฿59.4m (up 39% from 3Q 2019). Profit margin: 2.7% (up from 2.5% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Nov 10
New 90-day high: ฿6.60 The company is up 29% from its price of ฿5.10 on 11 August 2020. The Thai market is down 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 47% over the same period. Is New 90 Day High Low • Oct 15
New 90-day high: ฿6.15 The company is up 24% from its price of ฿4.96 on 17 July 2020. The Thai market is down 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 91% over the same period. Duyuru • Sep 23
Mc Bakery Co., Ltd. acquired 8.33% stake in Metro Systems Corporation Public Company Limited (SET:MSC) from Tavit Charuvajana and Narong Charuvajana. Mc Bakery Co., Ltd. acquired 8.33% stake in Metro Systems Corporation Public Company Limited (SET:MSC) from Tavit Charuvajana and Narong Charuvajana on September 18, 2020. Tavit Charuvajana sold 14 million shares, representing 3.89% stake and Narong Charuvajana sold 16 million shares representing 4.44% stake to MC Bakery Company Limited. Pre acquisition MC Bakery Company Limited, Tavit Charuvajana and Narong Charuvajana held 4.56%, 4.25% and 4.64% stake respectively in Metro Systems Corporation Public Company Limited. Post completion MC Bakery Company Limited, Tavit Charuvajana and Narong Charuvajana holds 12.89% stake, 0.36% and 0.20% stake in Metro Systems Corporation Public Company Limited.
Mc Bakery Co., Ltd. completed the acquisition of 8.33% stake in Metro Systems Corporation Public Company Limited (SET:MSC) from Tavit Charuvajana and Narong Charuvajana on September 18, 2020.