PSP Board Approves Dividend of 0.08 Baht per Share Based on Record-High 2025 Performance

The Board of Directors of P.S.P. Specialties Public Company Limited (PSP), the leading lubricant solutions partner, approved the payment of an interim dividend of 0.08 baht per share to shareholders, with payment set for October 20, 2025, reflecting the company’s continued growth. The company noted that the overall lubricant market offers opportunities for expansion through rising orders from existing and new customers, as well as from the relocation of global supply chains, and reaffirmed its strategy to aggressively expand markets, especially overseas.

Mr. Sakesan Krongphanich, Deputy CEO of P.S.P. Specialties Public Company Limited (PSP), revealed that due to PSP’s continuous business growth in 2024 and the first half of 2025, the Board of Directors resolved to pay an interim dividend to shareholders at the rate of 0.08 baht per share, with the payment scheduled for October 20, 2025. The record date to determine the list of shareholders entitled to receive the dividend will be October 6, 2025.

“Since PSP was listed on the Stock Exchange of Thailand (SET) on August 30, 2023, we have continuously paid dividends from retained earnings twice a year. The first dividend was paid to shareholders on May 20, 2024, at the rate of 0.15 baht per share, followed by an interim dividend in the same year on October 25, 2024, at the rate of 0.05 baht per share. In 2025, PSP paid a dividend on May 16, 2025, at the rate of 0.15 baht per share, before the latest board resolution approved an interim dividend of 0.08 baht per share,” said Mr. Sakesan.

Given the favorable lubricant market conditions that provide opportunities for growth, in 2025 PSP is implementing strategies to maintain its market leadership by strengthening the domestic market through increasing sales from existing customers and expanding to new ones. At the same time, the company is accelerating the proportion of revenue from international sales by retaining its existing customer base while entering new markets, with the goal of significantly increasing foreign revenue contribution. PSP also views the global relocation of supply chains as a key opportunity to boost sales and revenue in the medium to long term.

PSP has a policy to pay dividends at a rate of not less than 35% of net profit from the separate financial statements after deducting corporate income tax and all types of legal reserves as required by applicable laws and the company’s regulations. However, the company may consider determining dividend payments and payout ratios differently, taking into account operating performance, cash flow, financial liquidity, financial position, investment plans, the need for working capital to manage and expand the business, economic conditions, debt repayment plans, and other factors deemed appropriate by the Board of Directors. Dividend payments may therefore be subject to change, depending on necessity and suitability as determined by the Board. Annual dividend payments must be approved by the shareholders’ meeting, while interim dividend payments can be approved by the Board from time to time when it deems the company has sufficient profit, with such payments to be reported to shareholders at the next meeting.