GPSC’s 1Q Profit Up 2% to ฿942M., Reporting ฿888M. Revenue from GLOW’s Electricity Sales
GPSC has reported its profit in the first quarter of 2019 at THB 942 million, increased by THB 20 million or 2.17%.
Global Power Synergy Public Company Limited (GPSC) has reported its 1Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:
The net profit for GPSC in the first quarter of 2019 was THB 942 million, increased by THB 20 million or 2.17% from the same period in 2018, mainly due to the improved operating results of Sriracha Power Plant, which its gross profit increased THB 14 million YoY.
Moreover, the company received dividend income from Ratchaburi Power Company Limited (RPCL) for THB 72 million as well as a total revenue from selling electricity (GLOW) at THB 888 million.
