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RATCH announced THB 1.595 billion interim dividend The payment of THB 1.10/share made on 17 September 2014

Nonthaburi:  Ratchaburi Electricity Generating Holding PCL. (RATCH) today announced that its interim dividend allocated from the first half operating performance of 2014 (January 1- June 30, 2014) will be paid to shareholders at THB 1.10 per share. The total interim dividend amount of 1,450 million ordinary shares valued at THB 1.595 billion which will be paid to its shareholders on September 17, 2014. 

Mr.Pongdith Potchana, Chief Executive Officer of RATCH, said that the Company's Board of Directors meeting dated on August 18, 2014 has approved the 2014 interim dividend to its shareholders at THB 1.10 per share due to satisfactory operating performance in the first half of 2014 with THB 4.213 billion net profit that is appropriate for interim dividend allocation. The payment is made in accordance with its dividend payout policy which no less than 40 percent of its consolidated net profit after legal reserve and other reserves will provision for the dividend for the shareholders. It has continued for    14 consecutive years since the beginning of its operation.

The paid dividend will be allocated from the Company’s retained earnings after the 23 percent corporate income tax and the shareholders are, therefore, able to claim for tax credit. RATCH schedules the record date of the shareholders for the right to receive the dividend on September 2, 2014 and the closing date of the share registration book on September 3, 2014. The payment will be made on September 17, 2014.

For the first half of 2014, the Company recorded THB 4.213 billion net profit, an equivalent of THB 2.91 per share.  As of June 30, 2014, RATCH's total asset valued THB98 billion. RATCH currently accounts the total installed capacity of 6,543 MW deriving from operating and developing projects of 4,936.5 MW in domestic, 1,096.5 MW in Lao PDR and 509.52 MW in Australia.

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Public Relations Department
Wiwan Phayakvichien and Phetlada Charoensawatd
Tel. 0 2794 9941 and 0 2794 9944
e-mail: wiwanp@ratch.co.th, phetladac@ratch.co.th

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