BCPG smiles for a profit, almost 2,000 million

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BCPG Year 20 Bright, Profit Nearly 2,000 Million Baht, Dividend 0.17 Baht / Share

Mr. Bundit Saphianchai President, BCPG Public Company Limited Revealed that the overall operating results for the year 2020 had total annual revenues of 4,231 million baht, an increase of 23.5%, with a net operating profit of 1,959 million baht, an increase of 13.5%. Factors supporting the performance The work improved because the company recognized the performance of the full year of Hydroelectric power plant project in Lao PDR Nam San 3A that the Group of Companies Acquired since September 2019 and the Ligor wind power plant project that started commercial operation in April 2019.

In addition, revenue is gradually recognized from 2 new projects, the 2nd Nam San 3B Hydroelectric Power Plant in Lao PDR with a capacity of 45 megawatts acquired in February 2020 and 4 solar power plant projects. In Thailand Capacity of 20 megawatts acquired in August of the same year At the same time, it also received a profit share from the geothermal power plant project. Due to reduced planned turnarounds And profit sharing from wind power plant projects in the Philippines That has been increased the cost of electricity per unit. In addition, selling and administrative expenses decreased from COVID-2019. And consulting expenses related to acquisitions decreased.

“The Board of Directors It was resolved to propose to the Annual General Meeting of Shareholders for the year 2021 to approve the dividend payment from net profit. For the operating results of the second half of 2020 at a rate of 0.17 baht per share, and when combined with an interim dividend of 0.16 baht per share, it will be included as a dividend paid in 2020, at 0.33 baht per share, totaling 768.82 million baht ”Said Bundit.

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