BH’s 2020 Earnings Plunge 68%, Offering a Dividend of ฿2.05
BH’s 2020 Earnings Plunge 68%, Offering a Dividend of ฿2.05
BH’s 2020 Earnings Plunge 68%, Offering a Dividend of ฿2.05
18 ก.พ. 2564

Bumrungrad Hospital Public Company Limited (BH) has reported its yearly consolidated financial statement of 2020 through the Stock Exchange of Thailand as follows;

BH’s total revenues for 2020 decreased to Baht 12,445 million, or 32.9% less than Baht 18,559 million in 2019. Net profit for 2020 decreased by 67.9% to Baht 1,204 million from Baht 3,748 million in 2019, with net profit margin at 9.7% in 2020 compared to 20.2% in 2019. 
 
This was mostly due to a decrease in revenues from Thai patients and non-Thai patients by 1.8% and 48.4%, respectively. As a result, the revenue contribution from Thai patients was 48.1%, whereas revenue from non-Thai patients was 51.9% for 2020 compared with 32.8% and 67.2%, respectively, for 2019. 
 
EBITDA decreased by 54.8% YoY to Baht 2,593 million in 2020 from Baht 5,734 million in 2019, with an EBITDA margin of 20.8% in 2020 compared to 30.9% in 2019. 
 
In addition, the Board of Directors of BH approved a resolution for a dividend payment of ฿2.05/share to be paid on May 10, 2021. The ex-dividend date is March 10, 2021.