PTT Oil and Retail Business Public Company Limited in its annual general meeting held on April 4, 2025 approved the dividend payment from the Company's operating results for the second half of the year 2024 (July 1, 2024 - December 31, 2024) at a rate of THB 0.13 per share, for the total of 12,000,000,000 ordinary shares of the Company, totaling of THB 1,560,000,000. A dividend payment at a rate of THB 0.12 per share, totaling of THB 1,440,000,000 will be paid from the unappropriated retained earnings of the Company from the net profit of the business subject to corporate income tax at the rate of 20%. Shareholders who are individuals will be entitled to tax credits when calculating their dividend tax under Section 47 bis of the Revenue Code.
A dividend at a rate of THB 0.01 per share, totaling of THB 120,000,000 will be paid from the unappropriated retained earnings of the Company from the net profit of its BOI business, which currently receives tax exemption benefits. Shareholders who are individuals are not required to include this in their income for calculation of tax and are not entitled to a tax credit when calculating their dividend tax under Section 47 bis of the Revenue Code. In this regard, the Company will make the dividend payment to the shareholders that are entitled to receive dividends according to the list of names as it appears at the Record Date on February 25, 2025.
The dividend will be paid on April 29, 2025.
