Home Product Center Public Company Limited announced that at its board meeting held on 27 February 2024, to propose the Shareholders' Meeting for consideration of approval of the dividend payment for the company's operation result from 1 January 2023 to 31 December 2023. The details are as follows: For the company's operation result of the second half of the year 2023 (July 2023 to December 2023). On 27 February 2024, the board of directors' Meeting no.
2/2024 approved to propose the Annual General Meeting of Shareholders for consideration and approval the dividend payment in cash at the rate of THB 0.22 per share or not exceeding in total amount of THB 2,893.27 million. The total of dividend payment in cash for the whole year shall be equivalent to the rate of THB 0.40 per share which the total amount was calculated to be approximately THB 5,260.49 million or at payout ratio of 85.19% of net profit according to the separate financial statement. The name list of shareholders who are eligible to receive the dividend payment will be specified on 23 April 2024 (record date) and the payment of dividend will be made on 8 May 2024.
Home Product Center Public Company Limited is a Thailand-based home improvement retailing company. The Company is principally engaged in the trading of a complete range of goods and materials for construction, addition, refurbishment, renovation, and improvement of buildings, houses, and residences place, and provision for related services to the retail business, together with space rental and providing utilities service. Its home improvement retailing product categories include hard line and soft line. Its hard line includes tools, paint, home improvement, bathroom and sanitary ware, kitchen, home appliances and electrical equipment. Its soft line includes bedding, home textiles, furniture, lighting, household decorative products, and household accessories. Its services to the retail business include renovation; installation, relocation and fixing; inspection, cleaning, and maintenance of various electrical appliances; washing, cleaning and sterilizing services, and home improvement.
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