GPSC 2Q19 Profit Edges Higher by 3% to Reach ฿1,081m, Asserting a Consistency in Sales
The net profit in 2Q19 of GPSC was THB 1,081 million, increased from 2Q18 by THB 28 million or 2.81% from consistency of sales.
Global Power Synergy Public Company Limited (GPSC) has reported its 2Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:
The net profit in 2Q19 of GPSC was THB 1,081 million, increased from 2Q18 by THB 28 million or 2.81%. Both GPSC and GLOW has shown consistency in the sales of both electricity and steam to industrial users when compared to the previous quarter showing the ability and capability of both companies to operate stably. However, in 2Q19, GPSC will have to recognize the interest expense and the advisory fee for the acquisition of GLOW, as well as recognizing the employee benefit expenses for the group.