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Sunday, May 5, 2024

TPIPP announces interim dividend, same amount as last year and beats market’s expectation

TPIPP has a better performance in the first half of 2023 than in first half of 2022, contrary to what most analysts has anticipated. Additionally, TPIPP focuses on modifying all of its power plants to be clean and green renewable power plants, on its journey to become carbon-free power plants.   

TPI Polene Power Public Company Limited or TPIPP has declared that the company will pay 0.12 baht per share, as interim dividend.  This payment is from a strong performance in the first 6 months from January 1st – June 30th 2023. Eligible shareholders, who are entitled to receive the dividend, are as of September 14th, 2023, and the dividend will be paid on September 25th, 2023. TPIPP attains a net profit of 1.981 billion baht the first half of 2023 up from 1.710 billion baht in first half of 2022, an increase of 15.85%. The total amount of interim dividend paid is 1.008 billion baht,…

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