Thanawat Trivisvavet, Managing Director of CK Power Public Company Limited or CKPower One of the electricity producers fromrenewable energyThe largest in the region revealed that the company’s operating results in the first quarter of 2022, the company had total revenue of 2,543.0 million baht, an increase of 442.0 million baht from the same period of the year 2021 or an increase of 21.0% and had a net profit. at 38.7 million baht
The main factors affecting the company’s revenue growth during the first quarter of 2022 are:natural gas pricewhich rose greatly according to the situation in the world market resulted in the income ofBang Pa In Cogeneration Power Plant increased accordingly. natural gas pricerising also resulted in operating expenses, which were mainlynatural gas cost An increase of 627.6 million baht or an increase of 39.9% as well
However, despite the company faced with the situationnatural gas pricevolatility The company still has positive factors from the reduction of share of loss from investments in jointly controlled entities and associated companies. Compared to the same period last year, amounted to 29.2 million baht, mainly due to the operating results ofXayaburi Power Company Limited (XPCL) better
Thanawat said that the company expects the natural gas price situation in the world market to remain volatile and stay high for some time. However, the water situation of the Nam Ngum 2 Hydroelectric Power Plant and the Xaya Hydroelectric Power Plant Buri has a better trend than the same period of the previous year. In the first quarter of 2022, the volume of water flowing into the Nam Ngum 2 Hydroelectric Power Plant increased by 86.9% and the volume of water flowing through the Xayaburi Hydroelectric Power Plant increased by 86.9%. 23.2 Compared to the same period of 2021, if the water situation continues to improve during the rest of the year The two hydroelectric power plants of the Company will be a key positive factor supporting the Company’s performance. as a whole, to be strong
“For the direction and business goals of the Company in 2022, it focuses on becoming one of the high-level power producers.Carbon Footprint one of the lowest to support the goals of Thailand that want to focusTowards a Net Zero Greenhouse Gas Emissions Society by 2065 The Company has set an investment budget of 2,600 million baht to increase capital in proportion to the development of a new hydroelectric power plant project. Lao PDR and invest more inOther renewable energy projects include solar power, hydropower and wind power. toAim for the Company’s installed capacity target of 4,800 megawatts by 2024 and increase the proportion of capacity from renewable energy to not less than 95% of the total production capacity.of the company,” said Mr. Thanawat.
In addition, the 2022 Annual General Meeting of Shareholders also approved the dividend payment from the operating results of 2021 at the rate of 0.080 baht per share from the net profit according to the separate financial statements. totaling approximately 650.4 million baht by paying dividends in this time This is the company’s record high dividend payment. which the company will pay dividends on 20 May 2022
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