president bakery pcl (PB) Snapshot

President Bakery Public Company Limited announced the financial statement which the equity method is applied and company earnings results for the first quarter ended March 31, 2013. For the period, on the financial statement which the equity method is applied basis, the net profit was THB 195,452,000 against THB 175,894,000 a year ago. EPS were THB 0.43 against THB 0.39 a year ago. For the period, on the company basis, the net profit was THB 194,271,000 against THB 174,522,000 a year ago. EPS were THB 0.43 against THB 0.39 a year ago.

President Bakery Public Company Limited announced that at its annual general meeting held on April 23, 2013, the shareholders approved the dividend payment for the year 2012 at the rate of THB 0.95 per share or in total amount of THB 427.50 million or 50.29% of net profit, of which THB 0.43 per share was paid as an interim dividend on October 24, 2012. By payment from the business receiving investment promotion of THB 0.26 per share, from the NON BOI business of THB 0.17 per share. The remaining dividend to be paid for the second-half year performance at the rate of THB 0.52 per share totaling THB 234 million. The record date for determining the shareholders who have the right to receive the dividend payment shall be on May 3, 2013. On May 7, 2013 shall be the book closing date. The dividend payment will be on May 22, 2013. The shareholders also approved the appointment of Dr. Pojjanee Paniangvait as a new director and Assoc. Prof Dr. Suwimon Keeratipibul as independent director.

President Bakery Public Company Limited will propose amendment of company's articles of association at its AGM to be held on April 23, 2013.