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Wednesday, May 8, 2024

CKPower’s 2021 operating results hit a record high

The company has earmarked Baht 2.6 billion to invest in 2022, leading to one of the region’s largest producers of electricity from renewables with one of the lowest carbon footprints

Mr. Thanawat Trivisvavet, Managing Director, CK Power Public Company Limited

Mr. Thanawat Trivisvavet, Managing Director, CK Power Public Company Limited or CKPower (SET: CKP), one of the region’s largest producers of renewables-based electricity, stated that the company posted record-high total revenue and net profit in 2021, earning Baht 9,334.7 million in total revenue – a Baht 2,157.2 million or 30.1% increase compared to 2020, and Baht 2,179.0 million in net profit – a Baht 1,774.3 million or 438.4% year-on-year rise. 

The primary driver of the 2021 revenue growth was the sales of electricity of the Nam Ngum 2 Hydroelectric Power Plant…

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