GULF recorded net profit attributable to the parent company, which includes the impact from foreign exchange rate, of 1,407 million baht, a decrease of 25.2% YoY compared to net profit of 1,881 million baht in Q2’20.
GULF Announces Q2 21 Core Profit Growth of 42% YoY after GSRC Unit 1 Begins Commercial Operation thaipr.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thaipr.net Daily Mail and Mail on Sunday newspapers.
Egco plans to start importing LNG to help manage costs
published : 23 Jul 2021 at 04:00 Egco plans to start its LNG shipping business by the end of this year.
SET-listed Electricity Generating (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand (Egat), plans to start importing liquefied natural gas (LNG) by the end of this year to better manage its fuel costs and seek more business opportunities.
The move follows approval granted last month by the Energy Regulatory Commission (ERC), which allowed seven companies to enter the LNG shipping business, previously monopolised by national oil and gas conglomerate PTT Plc. Adding LNG shipping will help our core power generation business with fuel cost management. It will also lead to new investment opportunities in the supply chain of the fuel business, said Thepparat Theppitak, president of Egco.
Gulf Energy to provide 120,000 free meals
published : 22 Jul 2021 at 04:09 Gulf Energy Development, represented by Mr Sitamon, is continuing its free meals campaign, with a vow to provide 120,000 meals in 60 days.
Gulf Energy Development Plc is continuing its Free Meals To Spark Community Strength campaign for a second consecutive year, expanding on the success and positive feedback from last year with a pledge to provide over 120,000 meals in 60 days.
The pre-packed box meals have been distributed to field hospitals, isolation facilities, and communities across Bangkok. This time, members of the public can help nominate communities they want to see helped by commenting under the post on the Gulf Spark Facebook fan page at https://www.facebook.com/GulfSPARK.TH.
Ratch closing in on new acquisitions
Energy giant plans to spend B7bn on power plants
published : 15 May 2021 at 06:59
1 Wind turbines at the Collector Wind Farm project in New South Wales, Australia. It started operations in the first quarter this year.
SET-listed Ratch Group expects to conclude its 7-billion-baht purchase of new power generation assets soon offering 350 megawatts of capacity, strengthening its status as the largest private power producer by capacity.
Chief executive Kijja Sripatthangkura did not name the assets, saying only that they are both fossil fuel-fired and renewable power plants, which are both operating and under construction.
Once the acquisition is complete, Ratch expects to increase its power generation capacity to 9,224MW by the end of this year, up from 8,874MW at present, including facilities that are under construction.