The company have plan to pay dividend in 2020, which last year 2018, company has accumulated loss brought forward, in amount of 2 million baht. In current year 2019, net profit after tax is estimated to be 5 million baht. Can the company pay dividends?

Panwa: According to the Civil and Commercial Code, Section 1200-1205, the dividend can be paid only for the profit of 3 million baht, as it is not allowed to pay dividends until the loss is resolved.

For more information, please feel free to contact us:
Phone: +66 2 933 9000
Fax: +66 2 933 6120
Email: bkk@panwa.co.th

For more information, please feel free to contact us:

Phones: +66 2 933 9000
Email: bkk@panwa.co.th
WhatsApp: +66 85 713 1000
LineApp ID: @panwa

Address: 1560 Latphrao Rd., Wangthonglang, Bangkok 10310, Thailand.

Location: https://goo.gl/maps/MhJsbjkPrji51Qyt6

Sky train: Yellow Line, Chokchai 4 Station, Gate 4. Our office is located between Soi Latphrao 50 and 52.

Dividend payment for accumulated loss

The company have plan to pay dividend in 2020, which last year 2018, company has accumulated loss brought forward, in amount of 2 million baht. In current year 2019, net profit after tax is estimated to be 5 million baht. Can the company pay dividends?

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Dividend payment for accumulated loss

​The company have plan to pay dividend in 2020, which last year 2018, company has accumulated loss brought forward, in amount of 2 million baht. In current year 2019, net profit after tax is estimated to be 5 million baht. Can the company pay dividends?

Submit a Comment Cancel reply

The company have plan to pay dividend in 2020, which last year 2018, company has accumulated loss brought forward, in amount of 2 million baht. In current year 2019, net profit after tax is estimated to be 5 million baht. Can the company pay dividends?