Dynasty Ceramic Public Company Limited Approves Interim Cash Dividend for the First Quarter Ended March 2019, Payable on May 31, 2019
May 03, 2019 at 06:18 am EDT
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The Board of Directors of Dynasty Ceramic Public Company Limited has approved interim cash dividend payment from the operational performance of the first quarter (Jan-Mar 2019) at total amount of THB 235 million, or 76.8% of net profit after income tax of reviewed consolidated financial statements. Dividend per share is approved to be in the range between THB 0.036 per share to THB 0.025 per share based on the total numbers of 6,527,993,958 issued and paid-up shares and incorporated in case no warrant (DCC-W1) is exercised at 0 unit up to in case all warrants are fully exercised at 2,611,197,583 units; totaling to 9,139,191,541 shares. The Board of Directors approved the record date for entitlements to the interim dividend to be May 21, 2019 and the interim dividend payment date will be on May 31, 2019.
Dynasty Ceramic Public Company Limited is a Thailand-based company, which is principally engaged in the manufacturing and selling of ceramic wall and floor tiles, together with space rental and providing utilities service. The Company purchases the ceramic floor, wall and Tile grout from Tile Top Industry Public Co., Ltd., which is a subsidiary of the Company. The Company also purchases the ceramic floor and wall from The Royal Ceramic Industry Public Co., Ltd., which is a subsidiary of the Company. The Company orders other related products, such as Tile grout, Tile adhesive, Corner-trim for sale. The ceramic tiles produced by the Company and its subsidiaries comprise under the trademark Dynasty, Tile Top, Jaguar, Value, Mustang, Chicken, Birdie, Ducky, Swan, M, Cosmo and RCI. It distributes tiles through outlets, more than 200 outlets, which are its outlets. It owns one factory and other three factories of subsidiary company is located in Nong Khae district, Saraburi province.