WORK’s 2020 Earnings Slip to ฿159Mn, Offering a Dividend of ฿0.28 with an XD on Mar 10
WORK’s 2020 Earnings Slip to ฿159Mn, Offering a Dividend of ฿0.28 with an XD on Mar 10
WORK’s 2020 Earnings Slip to ฿159Mn, Offering a Dividend of ฿0.28 with an XD on Mar 10
25 ก.พ. 2564

Workpoint Entertainment Public Company Limited (WORK) has reported its yearly consolidated financial statement of 2020 through the Stock Exchange of Thailand as follows;

For the year ended December 31, 2020, WORK’s net profit was 159.11 million baht, decreasing by 0.39 million baht or 0.24% from the same period in the previous year. Meanwhile the total revenue was 2,277.19 million baht, decreasing by 494.47 million baht or 18% YoY, mainly as the results of a lower revenue from television programs, event marketing and concerts and plays.
 
Revenue from television programs was 1,798.89 million baht, decreasing 18% YoY due to a decrease of revenue from WORKPOINT TV and sales of TV program licenses caused by the spread of Covid-19 .
 
Revenue from event marketing was 104.59 million baht, decreasing 57% YoY as the coronavirus pandemic has pressured some events to cancel or postpone indefinitely. 
 
Revenue from concerts and plays was 39.02 million baht, decreasing 67% YoY caused by the Covid-19 outbreak as well. 
 
In addition, the Board of Directors of WORK approved a dividend payment of ฿0.28/share to be paid on May 7, 2021. The ex-dividend date is March 10, 2021. 
 