Univanich Palm Oil Public Company (UVAN) Q4 2024 earnings summary

Executive summary

• Revenue increased to ฿14.17 billion in 2024, up from ฿13.55 billion year-over-year.

• Net profit attributable to owners rose to ฿1.27 billion from ฿936 million year-over-year.

• Total comprehensive income for the year reached ฿1.26 billion, compared to ฿983 million in 2023.

Financial highlights

• Gross profit improved to ฿1.98 billion from ฿1.73 billion year-over-year.

• Basic earnings per share increased to ฿1.35 from ฿1.00 year-over-year.

• Cash and cash equivalents at year-end were ฿694 million, down from ฿1.19 billion.

• Total assets grew to ฿5.62 billion from ฿5.15 billion year-over-year.

• Dividend paid during the year amounted to ฿799 million.

Outlook and guidance

• Retained earnings increased to ฿4.01 billion, supporting future dividend capacity.