Post by farjana1 on Jan 15, 2024 5:14:49 GMT
Entering 128 years for the Osotspa Group. A Thai consumer product brand that is strong in the domestic market. and abroad "Mrs. Wannipa Phakdibutr", President of Osotspa Public Company Limited or OSP, gave an interview to "Prachachat Turakij" about the direction and market conditions this year that Market direction in 2019 The direction of the export market has a good trend. We will mainly focus on Myanmar, Laos and Cambodia. This is because these countries have high birth rates. The children's product group has grown very well. The domestic market also has a good trend. This year, the company opened a glass furnace that was closed for repair. This makes it possible to return to producing OEM products as usual. The beverage market still tends to grow. Especially in the functional drink group that has become more popular, making C-vitt the number one high vitamin C drink in this market. It has a market share of 25%. We expect that after the upcoming election the Thai economic situation will improve.
Results of the year 2018 Sales in the 4th quarter of 2018 picked up, resulting in the company making a net profit of 789 million baht, an increase of 269% compared to the same quarter of 2017 with a net profit of 214 million baht from the success of the Fitness First project. Providing continuous better management of production costs As a result, the overall net profit in 2018 was 3,005 million baht, as Country Email List planned. Meanwhile, domestic beverage products were successful as planned. Energy drink products still maintain market share, such as M-150 drink. Market share increased to 37.9% from the previous 37% and C-Vitt drinks Has a market share of 25%, ranking number 1 in the functional drink market, with total beverage revenue in the country (including C-Vitt and Calpis) in 4Q18 grew 6.5% compared to 4Q17. The personal care products group grew 7.2% from the same quarter last year. The products for children, Baby Mild and Twelve Plus, are available both domestically and in the markets of Cambodia, Laos, and Myanmar, despite the problem of the baht strengthening. Dividend payout 2 billion Most recently, the Board of Directors' meeting on February 27, 2019 resolved to pay dividends for the performance period in 2018 at the rate of 0.39 baht per share on May 23, 2019, which is scheduled to request approval from the annual general meeting of shareholders. 2019 on 24 April.
And if combined with the interim dividend payment of 0.30 baht on February 28, 2019, resulting in the operating period for the entire year 2018 paying a total dividend of 0.69 baht per share, or equivalent to 2,072.6 million baht after entering. Listed on the Stock Exchange last October. Investment plan in 2019 The company has created new beverage formulas to add properties to the product, such as adding herbs and adding 2-4 NPDs to the functional drink group, including developing beverage formulas with low sugar content. Meanwhile, the personal care products group has developed new products such as facial and skincare products. In addition, the company has emphasized cost management in the past. It has reduced various production costs which has been very successful. This year, therefore, it will continue to be carried out continuously. To use the profits gained from reducing costs to invest. and return returns to shareholders and focus on increasing sales of the OEM business after we opened the glass furnace that had been closed for repairs. Expand investment in ASEAN In terms of investment in a beverage factory at Matilawa Industrial Estate, Yangon, Myanmar Previously, the company had invested together with Loy Heng Company Limited, in which OSP held 85% of shares, which is considered to have made considerable progress in construction. Operations are going according to plan. Construction is expected to be completed. and production can begin at the end of this year.
Results of the year 2018 Sales in the 4th quarter of 2018 picked up, resulting in the company making a net profit of 789 million baht, an increase of 269% compared to the same quarter of 2017 with a net profit of 214 million baht from the success of the Fitness First project. Providing continuous better management of production costs As a result, the overall net profit in 2018 was 3,005 million baht, as Country Email List planned. Meanwhile, domestic beverage products were successful as planned. Energy drink products still maintain market share, such as M-150 drink. Market share increased to 37.9% from the previous 37% and C-Vitt drinks Has a market share of 25%, ranking number 1 in the functional drink market, with total beverage revenue in the country (including C-Vitt and Calpis) in 4Q18 grew 6.5% compared to 4Q17. The personal care products group grew 7.2% from the same quarter last year. The products for children, Baby Mild and Twelve Plus, are available both domestically and in the markets of Cambodia, Laos, and Myanmar, despite the problem of the baht strengthening. Dividend payout 2 billion Most recently, the Board of Directors' meeting on February 27, 2019 resolved to pay dividends for the performance period in 2018 at the rate of 0.39 baht per share on May 23, 2019, which is scheduled to request approval from the annual general meeting of shareholders. 2019 on 24 April.
And if combined with the interim dividend payment of 0.30 baht on February 28, 2019, resulting in the operating period for the entire year 2018 paying a total dividend of 0.69 baht per share, or equivalent to 2,072.6 million baht after entering. Listed on the Stock Exchange last October. Investment plan in 2019 The company has created new beverage formulas to add properties to the product, such as adding herbs and adding 2-4 NPDs to the functional drink group, including developing beverage formulas with low sugar content. Meanwhile, the personal care products group has developed new products such as facial and skincare products. In addition, the company has emphasized cost management in the past. It has reduced various production costs which has been very successful. This year, therefore, it will continue to be carried out continuously. To use the profits gained from reducing costs to invest. and return returns to shareholders and focus on increasing sales of the OEM business after we opened the glass furnace that had been closed for repairs. Expand investment in ASEAN In terms of investment in a beverage factory at Matilawa Industrial Estate, Yangon, Myanmar Previously, the company had invested together with Loy Heng Company Limited, in which OSP held 85% of shares, which is considered to have made considerable progress in construction. Operations are going according to plan. Construction is expected to be completed. and production can begin at the end of this year.