The company has a policy to distribute dividends at a rate of no less than 40% of net profit after tax, after deducting legal reserves or any other reserves as deemed appropriate by the Board of Directors.
The Board will consider dividend payments primarily in the best interests of shareholders, taking into account factors such as capital reserves for future investments, loan repayments, and working capital requirements. The dividend payout ratio may be subject to change, depending on the company’s operating performance, financial position, cash flow, liquidity, investment plans, contractual obligations, prevailing economic conditions, and other necessary and appropriate considerations as determined by the Board of Directors. Annual dividend payments must be approved by the shareholders’ meeting, except for interim dividends, which may be approved by the Board of Directors if the company has sufficient profit to do so. In such cases, the Board is required to report the interim dividend payment to shareholders at the next shareholders’ meeting.