BPP Records 10% Lower in 3Q Profit due to the Shutdown of HPC in July and August

Banpu Power Public Company Limited (BPP) has reported its 3Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;

BPP reported a net profit of 845 million baht, decreased 10.6% compared to the same period of last year. The main contributions for BPP’s profit came from its 2 major IPP plants, BLCP that maintain high reliability with equivalent availability factor or EAF of 100% while HPC resumed normal operation after completion of major maintenance of unit 3 and reported the EAF of 72%, which impacted the 3Q20 performance due to the shut down during July and August

The company also realized a foreign exchange translation gain of THB 138 million due to depreciation of THB against USD.