Dynasty Ceramic Public Company Limited Approves Interim Dividend for the Second Quarter Ended June 2017, Payable on September 6, 2017; Reports Consolidated and Company Earnings Results for the Second Quarter Ended June 30, 2017
August 08, 2017 at 10:37 am EDT
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The board of directors of Dynasty Ceramic Public Company Limited meeting held on August 8, 2017, approved interim dividend payment from the operational performance in second quarter of the year 2017 consolidated financial statements at 75% of net profit after income tax at THB 0.037 per share for total number of 6,527,993,958 shares. The record date for entitlements to the interim dividend is August 24, 2017 and the share registration book closing date for gathering shareholders' names under Section 225 the Securities and Exchange Act is August 25, 2017. The interim dividend payment will be paid on September 6, 2017.
The company reported consolidated and company earnings results for the second quarter ended June 30, 2017. For the quarter, on consolidated basis, the company reported net revenues from sales of THB 1,925.5 million against THB 1,805.6 million a year ago. Net profit after income tax - company was THB 321.0 million or THB 0.049 per share against THB 358.9 million or THB 0.055 per share a year ago. Profit before income tax was THB 802,051,000 against THB 997,868,000 a year ago. Net cash flows provided from operating activities was THB 921,285,000 against THB 1,262,137,000 a year ago. Acquisitions of intangible assets were THB 4,916,000 against THB 2,928,000 a year ago.
For the quarter, on company basis, the company reported net revenues from sales of THB 1,897.1 million against THB 1,805.6 million a year ago. Net profit after income tax - company was THB 323.2 million or THB 0.050 per share against THB 352.9 million or THB 0.054 per share a year ago. Profit before income tax was THB 827,519,000 against THB 997,112,000 a year ago. Net cash flows provided from operating activities was THB 882,574,000 against THB 1,202,329,000 a year ago. Acquisitions of intangible assets were THB 4,052,000 against THB 2,928,000 a year ago.
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.
Dynasty Ceramic Public Company Limited Approves Interim Dividend for the Second Quarter Ended June 2017, Payable on September 6, 2017; Reports Consolidated and Company Earnings Results for the Second Quarter Ended June 30, 2017