TACC shareholders voted for 0.09 baht per share dividend, paying in cash by mid-May with confident that in 2018, its revenue would grow by 10% as targ

TACC shareholders approved cash dividend at the rate of 0.09 baht per share available to pay this 15 May, and prepared to put up the mark on 25 April 2018. Executives were confident that this year revenue would grow by 10% as targeted and advanced to achieve the revenue proportion from B2C to 20%, an increase from 16% of last year, after obtaining the San-X license to sell in 7 countries.       

Mr. Chatchawee Wattanasuk, the Chef Executive Officer of T.A.C. Consumer Public Company Limited, or TACC, revealed that in the 2018 Annual General Meeting of Shareholders on 19 April 2018, shareholders approved cash dividend payment for the year 2017 at the rate of 0.09 baht per share with the payment schedule by 15 May 2018 and put up the XD mark on 25 April 2018 (ineligible for dividend).
For the overall business performance for the year 2018, the Company set up a revenue growth target of 10% from the revenue of 1,289.49 million baht last year because of continued sales growth. This year, the Company prepared to launch 2 – 3 new product items.

สำหรับภาพรวมการดำเนินธุรกิจในปี 2561 บริษัทตั้งเป้าหมายรายได้เติบโต 10% จากปีก่อนที่มีรายได้ 1,289.49 ล้านบาท เนื่องจากยอดขายที่เติบโตอย่างต่อเนื่อง โดยในปีนี้บริษัทได้เตรียมออกสินค้าใหม่ 2-3 รายการ

At the same time, the Company extended its success from selling Sanrio products, latest it was approved an authorized representative of San-X Japan (Licensor) for the contract duration of 4 years and TACC would be a representative to supervise Licensee covering 7 countries namely Thailand, Singapore, Malaysia, Cambodia, Myanmar, Lao PDR and Vietnam. San-X characters included Rilakkuma Sumikko and Gurashi that would come in to push up the B2C part of the Company’s revenue.

Nevertheless, it expected that this year the proportion of revenue from the B2C business would be at 20% higher than that of 16% of the previous year, of which would come from brand products of the Company and sales of cartoon characters’ licenses. The target for the year 2020 would be adjusted upward to 35% in order to create stability of revenue sources between B2C and B2B appropriately.