ADB Director, green light Stock dividend – cash Pump sales grow 35%

Thunhoon – ADB shareholders green light to pay dividends in stocks and cash, totaling 36.67 million baht, up XD on January 7th, ready to receive money on January 21, 2022. Stock dividends are expected to be traded on February 1, 2022. This year’s sales target is too high. 35% after demand for plastic compound medical group.

Ms. Pornpiwan Niramoncherdchay, Managing Director of Applied DB Public Company Limited or ADB, is a manufacturer and distributor of plastic compound products. industrial glue And sealants revealed that the meeting has approved the interim dividend payment in the form of stock dividends and cash (to pay tax to shareholders) by paying stock dividends at the rate of 10 existing ordinary shares per 1 stock dividend, not exceeding 65.99 million shares, totaling not exceeding 32.99 million baht or equivalent to 0.05

** Dividend payment 21 Jan.

and a cash dividend payment schedule to pay withholding tax at the rate of 10 percent of the income to the dividend recipient at the rate of 0.00556 baht per share, or an amount not exceeding 3.67 million baht from the results of operations from 1 January – 30 September 2021

Include interim dividend payments in the form of stock dividends and cash. Total value of 36.67 million baht, the date of posting the XD sign on January 7, 2022 and the list of shareholders who are entitled to receive the dividend on January 10, 2022, will pay dividends on January 21, 2022. It is expected that the shares Dividends will be available for trading on February 1, 2022.

In 2022, the company has set a target of sales growth of more than 35% in line with the increasing demand of plastic compound products. especially the medical group Adding to the product line of adhesive products and exports of grout products that tend to grow.

** Revenue growth target 35-40%

While the company previously aimed for revenue in 2022 to grow 35-40% or revenue at the level of 2 billion baht, the company sees the business direction in 2022 will be New S-curve, with products that will grow high. 2 products: Group 1. The group that produces PVC Compound Cable group still has demand.

By 2022, it will be the year to prepare before the election. The budget for the use of electrical cables to the ground will be a lot. Therefore, demand for PVC Compound cable group will see a clear picture in 2022.

Meanwhile, Medical Grade PVC Compound or the medical device group is expected to grow continuously from this year. Therefore, the company plans to add 2 more production lines to support future growth.

** The grout direction is growing well.

The second group that will grow is grout products. Especially silicone sealant (Silicone Sealant), which will grow in accordance with exports. The company will focus on exporting to countries where repairs are made. Build quite a lot of housing And there is a need to use silicone sealant that is not expensive. Therefore, the company expects that such products will generate good income for the company in 2022.