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GPSC Reports 22% Increase in Q1 Net Profit: Insights into Electricity Sales and Small Power Plant Performance

Stock Dimension – GPSC or Global Power Synergy Public Company Limited disclosed that the company made a Q1/67 net profit reaching 864 million baht, an increase of 22% (QoQ). ) mainly from profit Electricity sales from generation using diesel fuel instead of natural gas at Sriracha Power Plant decreased from the previous year. This is in accordance with the EGAT electricity billing scheme.

Meanwhile, the overall performance of the small power plants (SPP) increased because the margin of selling electricity to industrial customers increased due to the Ft factor which can better reflect the cost of energy prices from the previous year. In addition, the volume of electricity sold to industrial customers increased.

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