Low Revenue and Higher Cost Plunge CKP’s 3Q19 Profit by 91% to Record at ฿33m

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

In 3Q19,CKP reported a net profit of 33.3 million baht decreased 365.5 million baht or 91.6% when compared to the same period last year. The decrease was mainly due to the decline of revenue from sales of electricity of NN2 Hydroelectric Power Plant as a result of the decline in electricity sales volume, and the increase of cost of sales of electricity and steam.