Jenkongklai Public Company Limited Or JPARK The net profit in the statement of results of operations for the year ending December 31, 2023 is as follows:
In 2023, the company's net profit is 62.59 million baht, an increase of 7.77 million baht or 14.17% from the net profit of 54.82 million baht in the same period last year. 573.06 million baht increased by 120.76 million baht or 26.70% to 452.30 million baht from the same period last year as a result of increased income in all major business categories. The details are as follows:
1) Parking service business (PS) revenue increased by 76.09 million baht, representing an increase of 27.31%, as the company is still affected by the COVID-19 situation in 2022, which has been resolved since mid-year. 65 The number of parking users has gradually increased and 66 have not been affected by the said event.
In addition, the company has 1 additional service area, which is located near Lat Krabang Hospital. It will become operational by the end of 2023.
2) Parking space management contracting business (BMS) revenue increased by 2.18 million baht, representing an increase of 2.73%, as the company had more parking space management contracting areas in the national convention center area by the end of 2022. In 2023, the Company recognized income from the segment for a full year.
3) The Parking Space Management Systems (CIPS) consulting and installation business increased its revenue by 51.46 million baht, representing an increase of 73.66% due to the Orange and Blue Line project works for which the company received a contract. 2022, we began phasing in revenue recognition based on the percentage of work completed (percentage of completion) as per financial reporting standards. Completion of the project in 3rd quarter of 2023. In addition, in the 3rd quarter of 2023, the company started working on two new projects, the project to improve the parking system of 8 park and ride buildings worth 64.02 million baht. (excluding VAT), project duration is 12 months and the project is for improvement of facilities within parking building of Mahanakorn BTS Project. Salom Ratchamongone Line, cost 78.32 million baht (excluding VAT), project duration 12 months.
The company plans to pay dividends and retained earnings of the company from the operational period from 1 January 2023 to 31 December 2023. The ex-dividend date (XD) is 19 April 2024 and payment is scheduled for 7 May 2024, with a cash payment of 0.0375 baht per share.
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