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Friday, May 10, 2024

Sakol slashes 2023 revenue target

A refuse-derived fuel production facility operated by SKE.

SET-listed Sakol Energy (SKE), a compressed natural gas trader and biomass power plant operator, has downgraded its revenue target for 2023, which was earlier projected to surge to almost 1 billion baht from 497 million in 2022, due mainly to a delay in operating a new refuse-derived fuel (RDF) production facility.

The company said it expects revenue to grow by 10% in 2023.

SKE cited a technical problem that…

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