Home » Business » BGRIM Year 20 Operating profit 2,617 million baht, 21% increase in production – lower gas price

BGRIM Year 20 Operating profit 2,617 million baht, 21% increase in production – lower gas price

HoonSmart.com >> “B.Grimm Power” opened the results of the year 63 net profit of 2,174.76 million baht, decreased from money loss. Accounting effect Better operating profit Natural gas prices down this year. The board approved another dividend payment of 0.30 baht, including the year of 0.45 baht, equal to 45% of the policy profit, not less than 40%.

B.Grimm Power Company (BGRIM) announced the results for 2020 with a net profit of 2,174.76 million baht, a decrease from 2019 with a net profit of 2,331.15 million baht due to unrealized exchange loss of 242 million baht. The value of construction cost payable according to accounting standards of 223 million baht and expenses allocated during the IPO for the company’s employees 62 million baht.

However, the company’s operating profit attributable to the parent company increased 21.1% to Bt2,617m due to an increase in capacity of 162 megawatts (MW), resulting in a 6% increase in power generation volumes to 14,451 gigawatts. -hour Recognition of full-year performance of large-scale solar power plant projects in Vietnam And natural gas prices decreased 10.4% to 244 baht per million BTU PTT expects natural gas prices at 225 baht per million BTU in 2021.

For Q4 / 2020, equity attributable to parent companies increased 20.6% to Bt516m from the acquisition of Angthong Power in March 2020, a strong recovery in demand from industrial customers. Falling natural gas prices And cost control

The projects that are under construction, such as the Bo Thong Wind Farm 1 & 2 wind farm 1 & 2 with an installed capacity of 16 megawatts, are located in Mukdahan Province. Construction progress of 80.8% with commercial operation scheduled for the first half of 2021, 5 cogeneration power plants (ABP1, ABP2, BPLC1 and BPAM1 & 2) under the industrial power plant (SPP) plan. A) new project to replace the existing power plant It is scheduled to open for commercial operations in the second half of 2022.

The board of directors has a resolution to pay a dividend of 0.30 baht per share to the shareholders whose names are on the register on March 12 and on XD on March 11, payout date 11 May 2021

The company has paid an interim dividend of 0.15 baht per share, including a yearly yield of 0.45 baht per share, representing a dividend payout rate of 45% of net operating profit. Consistent with the dividend payment policy to shareholders at a rate of not less than 40%


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