ADB gains record for years Going into the bio-pump business, totaling 2 billion.

Mitihoon – ADB or Applied DB Plc., a manufacturer and distributor of plastic composite products. industrial glue and sealants by Ms. Pornpiwan Niramoncherdchay, Managing Director Revealing the business overview of the year 65, targeting total revenue of 2,000 million baht, growing YoY and increasing net profit After reporting the profit for the year 64 is higher than the year 63 and the highest in many years.

In 2020 and 2021, the Company has total revenue of 1,380.42 million baht and 1,700.05 million baht, respectively. and has a net profit for the year 2021 of 75.68 million baht, from a net profit of 69.66 million baht in the previous year. The reason that the company’s net profit increased mainly from the growth of profits of all business groups of the company, especially in the plastic compound group due to the demand for products for the production of large wires and cables in the group. Large public utilities work while the small sealant and adhesive business The Company received higher gross profit from the depreciated Thai Baht on average throughout the year 2021, thus resulting in higher gross profit of the products shipped abroad.

Green light board, cash dividend 0.05 baht

The Company has a policy to pay dividends from the financial statements to shareholders each year at the rate of Not less than 30% of net profit after income tax deduction By considering financial and investment suitability, in 2021, the Company will pay dividends from retained earnings as of December 31, 2021 at the rate of 0.05 baht per share, representing an amount not exceeding 36.29 million baht. All dividends are subject to withholding tax. Pay at the rate prescribed by law.

It is expected to determine the list of shareholders who are entitled to receive dividends on April 28, 2022 and the dividend payment date will be on May 17, 2022. The granting of such rights must be approved by the shareholders’ meeting again.

Entering Bio-products – Open to receive partners

In the year 65, there is a plan to penetrate the business related to bioplastics and medical plastics with high margin. In the past year, sales have increased considerably. And the company plans to expand production capacity by 50% to support, and open to negotiations with M&A partners or joint ventures to expand the market base.

Promote strategies to increase sales – maintain margin

However, the three main businesses, comprising plastic compounds for the production of wires, adhesives and sealants, are still the main players in generating sales this year. At the same time, strategies will be adjusted to increase sales. and maintain the margin rate Due to the challenges this year, the cost of plastic resins has increased from 1-2% to 10% and maintains market share at the top of the market.