CK Power Plc (CKP), the power generation arm of Ch Karnchang Plc, Thailand’s second-largest construction firm, saw its profit increase by 11.8% to a record high of 2.4 billion baht last year, despite a surge in energy prices.
The company attributed the increase to various factors, notably more electricity sales from its hydropower plants and a focus on renewable energy.
CKP’s total revenue also reached an all-time high of 11.4 billion baht, an increase of 22.3% from 9.33 billion baht in 2021.
Thanawat Trivisvavet, managing director of CKP, said the company’s strong performance in the volatile global energy market was because of its…
