Stock Dimension – Mr. Jakkaphong Sumeth Chotmetha President, Sakol Energy Public Company Limited “SKE Group” announces operating results for the year 2022 with total revenue of 497.42 million baht and announces the business direction of the SKE Group in 2023 to reach 1,000 million baht in revenue with a policy to invest in clean energy business for ” Participate in creating a better society and environment with clean energy” according to the new vision of the organization.
SKE Group’s performance in 2022 has a total revenue of 497.42 million baht. However, SKE Group’s revenue proportion has changed quite a lot from the past. Previously relying on more than 50 percent of the income from the private natural gas station business, but in 2022 this has decreased to 25 percent, with the proportion of income from other businesses that the SKE Group has invested in the past and Recognized income according to the business plan, such as Mae Krating Biomass Power Plant Business which currently has the highest proportion of income Which is at 57 percent and also has a proportion of income from other businesses Both in the part of the waste management business or non-hazardous materials. By separating and producing as RDF waste fuel gradually growing and Financial Technology business
2022 was the year of investment and change for SKE Group. The SKE Group acquired Vanta Capital Co., Ltd., a company that operates in Financial Technology, as it foresees that it is a mega-trend business of the company. word Including an additional investment in N15 Technology Co., Ltd. “N15 Technology” to further expand the waste management business and produce RDF waste fuel in Saraburi Province. With an investment value of over 400 million baht, construction began machine installation Since March 2022 and currently testing the system has been completed in February. And began to expand investment in the upstream business by partnering with potential partners in landfill management to rent machines for sorting and producing RDF waste fuel, which is considered waste management from the beginning.
The investment in the RDF waste fuel plant in Chonburi province And the rental of machinery for waste management is in line with the SKE Group’s investment policy that aims to join forces in the clean energy business. To reduce environmental problems caused by improper waste management And help solve global warming and the greenhouse effect.
In 2023, SKE Group comes with a business direction to reach 1,000 million baht in revenue under a new vision. “To create a better society and environment with clean energy” This year, according to the business plan, SKE Group will begin to recognize revenue from the RDF waste fuel plant in Saraburi province. Which has a production capacity of more than 300,000 tons of RDF fuel per year and will begin delivering fuel according to the contract to SCI Eco Services Co., Ltd., which is a 3-year long-term contract with a volume of over 135,000 tons of fuel delivery per year, the total contract value is more than 1,000 million baht. The rest of the production capacity has already been planned to deliver RDF to cement and waste power plants customers. Which this factory will be a part that helps society and the environment in bringing waste that is not properly managed. which causes environmental problems to be produced as RDF waste fuel
For use in the cement industry to replace the use of coal. And used as fuel to generate heat for waste power plants. Including this year, the SKE Group has a policy to invest in clean energy businesses. Renewable energy and alternative energy on the Green Economy business trend that the world is focusing on. It will focus on a comprehensive business expansion strategy in vertical integration.
By focusing on the investment of N15 Technology, which expands the business to cover the waste management business from upstream to downstream that is related in the supply chain. By allocating an investment budget of about 100 million baht, the business operations of the SKE Group will continue to strive to create business growth. Always aware of the importance of society and the environment for sustainable growth together.
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