ADB’s 64 year profit at 75.68 million baht, growing 8.64%, paying a dividend of 0.05 baht/share

#ADB #ThunHoon – Applied DB Public Company Limited or ADB informs the Stock Exchange of Thailand that in 2021, there was a profit of 75.68 million baht, an increase of 8.64% compared to the previous year. 2020 with a profit of 69.66 million baht, the reason for the increase in profit Mainly from the profit growth of all business groups of the company. especially in the group of plastic pellet compounds due to product demand To be used to produce large wires and cables in large public utility groups.

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. From the revenue of the small sealant and adhesive group during the year 2021 worth 485 million baht, the company has a proportion of exports to sell abroad totaling 302 million baht or 62% of the small sealant and adhesive business group.

In 2021, the company had total revenue of 1,700.05 million baht, an increase compared to 2020, which was 1,380.42 million baht. In 2021, sales revenue increased by 22.55%, mainly due to the sale of plastic compounds for road use. Medical products increased 75.98% from last year’s sales due to demand for plastic resins for medical devices. For example, it is injected into a saline line, a dialysis bag, a blood bag, and a sputum tube. The aforementioned products are distributed through Showa Global (Thailand) Co., Ltd. which is a business partner of the company that has continued to demand customers and not affected by COVID-19 while sales of plastic pellet compounds for the production of electric wires and cables which is the main product Still growing by 10.09%, most of the products in the plastic compound group are wires and cables. which is used for government projects of the Provincial Electricity Authority.

**Dividend

The Board of Directors has approved the dividend payment for the year 2021 performance to shareholders at the rate of 0.05 baht per share, totaling no more than 36.30 million baht. The XD sign is posted on April 27, 2022 and the income Name of the person entitled to receive the dividend on April 28, 2022, the dividend will be paid on May 17, 2022.