DRT pays B0.15 interim dividend

By The Nation

Diamond Roofting Tile Plc will pay an interim dividend of Bt0.15 per share or a total of Bt150 million, payable on September 19.

The company's board of directors approved the dividend payment following the first-half revenue of Bt1.5 billion, up 11 per cent from the same period last year. However, its net profit of Bt218 million is 4.7 per cent down on year.

"DRT has been paying out dividends to raise confidence among shareholders. In 2007, we paid Bt0.30 per share," Asanee Chantong, managing director of the company, said in a statement.

He said the company maintains the plan to sell more products directly to property development projects as well as penetrate new export markets such as India, Korea, Japan, Vietnam and the Philippines. It recently won the contract to supply products worth Bt16 million to Preuksa Real Estate Plc.

He noted that the company's performance will improve though consumers are delaying their consumption. Export revenue would help compensate the lower domestic sales, he said.

DRT plans to achieve the 10 per cent growth in revenue this year.

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DRT pays B0.15 interim dividend

Diamond Roofting Tile Plc will pay an interim dividend of Bt0.15 per share or a total of Bt150 million, payable on September 19.

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