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Thursday, May 2, 2024

CKPower reveals Q1 operating results

CKPower posts Baht 2,686 million in Q1/2023 revenue, with dividend payment of Baht 0.085 per share scheduled for May 22

Mr. Thanawat Trivisvavet, Managing Director, CK Power Public Company Limited or CKPower (SET: CKP), one of the region’s largest producers of electricity from renewables with commitment to achieve the lowest carbon footprint, revealed the operating results for Q1/2023, in which CKPower and its subsidiaries reported Baht 2,686 million of revenue, representing a Baht 143 million or 5.6% year-on-year increase compared to the Baht 2,543 million of the same period last year.

Positive factors for the Q1 revenue were a Baht 161 million or 9.8% YoY boost in the revenue from sales of electricity and steam of Bangpa-in Cogeneration Power Plant due to a surge in global gas prices, coupled with the raising of retail Ft rate by…

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