Northeast Rubber Public Company Limited or NER Performance report for 2023 (ending December 31, 2023) has net profits as follows:
The company reported operating results for 2023 with a net profit of 1,545.60 million baht, a decrease of 11% compared to the same period last year with a net profit of 1,748.10 million baht.
For operating results in 2023 compared to 2022, there was a sales volume of 497,053 tons, an increase of 50,963 tons or 11.42 percent. Representing a total sales income of 25,045.17 million baht, a decrease of 126.89 million baht or a decrease of 0.50 percent, divided into domestic sales revenue of 16,259.49 million baht or a proportion of 64.92 percent of total sales, a decrease of 442.66 million baht. or decreased by 2.65 percent. Revenue from foreign sales was 8,785.68 million baht, or accounting for 35.08 percent of total sales, an increase of 315.77 million baht or an increase of 3.73 percent.
Meanwhile, the decrease in sales income in 2023 is due to the situation of lower rubber prices. Compared to 2022, the average selling price of rubber products in 2023 decreased by 10.71 percent, with lower income. Divided into price differences that decreased. was at 3,003.90 million baht and divided into a higher volume difference of 2,875.43 million baht.
As for 2023, the company has cost of sales of 22,231.93 million baht or 88.77 percent of sales revenue. Divided into the cost of raw materials and consumables, the amount was 21,410.11 million baht, accounting for 85.49 percent of sales revenue. Compared to 2022, costs increased by 0.91 percent, with the company’s raw material costs increasing due to fluctuations in rubber prices in 2023. It has a direct impact on the proportion of rubber raw material costs compared to income with higher costs. By considering the Company’s tire purchasing data and average tire selling prices.
The labor cost in 2023 is equal to 177.76 million baht, representing 0.71 percent compared to 2022. Costs increased by 22.43 million baht or 0.09 percent of sales revenue. It is caused by paying wages according to the increased production volume.
In addition, production expenses were 460.59 million baht, accounting for 1.84 percent of sales revenue. Compared to 2022 Production costs increased by 94.10 million baht or an increase of 0.38 percent due to rising energy prices affecting production costs in LPG gas. Fuel and electricity costs are increases in costs related to increased production volumes.
In addition, the meeting of the Board of Directors It was resolved to pay dividends in cash at the rate of 0.29 baht per share, setting the date for not receiving dividend rights (XD) on 22 April 2024 and paying dividends on 9 May 2024.
2024-02-27 13:16:38
#NER #board #green #light #dividend #baht #April #profit #billion #baht
