Page 55 - Anual report STi 2022_eng
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such dividend payment is subject to change depending on economic conditions, cash flow, investment plans, and legal
          conditions. The Company considers the necessity and appropriateness of other factors in the future. And the dividend payment

          will not have a significant impact on the Company’s normal operations. In this regard, the resolution of the Company’s Board
          of Directors’ meeting that approves the payment of dividends must be presented to the shareholders’ meeting for approval.
          In addition, the Board of Directors has the power to consider the payment of interim dividends if it deems appropriate and

          does not affect the Company’s operations. However, this must be reported to the shareholders’ meeting in the next meeting.

            The subsidiary has the policy to pay dividends each year at the rate of not less than 50.00% of the net profit of the
          financial statements after corporate income tax and legal reserves as required by law and subject to appropriate investment
          plans. In addition, the company will take into account the cash flow and financial base of its subsidiaries.

            Past history of dividend payment of the Company The details are as follows.

                     Dividend Payment  Details             Fiscal year ended  Fiscal year ended    Fiscal year ended

                                                             Dec 31, 2019    Dec 31, 2020           Dec 31, 2021

            1. Net Profit (million Baht) of the Consolidated    85.50             149.22              144.43

              financial statements
            2. Annual dividend payout ratio (Baht : Share) as follow:                              0.6944444444

               Cash dividends                                    0.25               0.40           0.0694444444
               Stock dividends                                      -                  -               0.625
                                                                                                (0.8 existing share to

                                                                                                  1 stock dividend )
           3. Total approximate dividend payment (Million Baht)   67.00           107.20              186.11

           4. Dividend payout ratio per net profit (Consolidated    88.39%        69.59%              123.00%
              Basis) after being deducted by legal reserve






































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