A Decrease in Revenue Plunges BANPU to Record a Net Loss of ฿106m in 3Q19!

Banpu Public Company Limited (BANPU) has reported its 3Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

BANPU reported a net loss in 3Q19 at 106 million baht, plunged from a net profit of 2,498 million baht YoY. Sales reported at $654 million (equivalent THB 20,084 million), decreased by $311 million compared to 3Q18 was mainly a decrease of $260 million from coal businesses, a decrease of $6 million from power and steam business, and a decrease of $19 million from natural gas business.