TPCH has continued good performance. Jaidee board distributes cash dividend of 0.11 baht / share “Kanokthip Chanpalangsri” Chairman of the Executive Committee. Specify ready to move forward with COD power plant to push the total production capacity to reach 125 MW by the year ’64, while the performance report of the year 63, the company has total revenue of 1,777.37 million baht and net profit of 250.95 million baht.
Mrs. Kanokthip Chanpalangsri Chairman of the Executive Board of TPC Power Holding Public Company Limited (TPCH) revealed that the performance in 2020 is satisfactory. Despite the new COVID-19 epidemic, the company has managed it very well, and recently the company sold electricity to the commercial system (COD) to the Provincial Electricity Authority (PEA). Under the TPCH Power 2 biomass power plant project (TPCH 2) with an installed capacity of 9.9 megawatts, with a capacity of 9.2 megawatts, located at Tambon Budee, Amphur Muang, Yala Province. Already, and the company is still preparing COD for additional power plants this year To achieve a total production capacity of 125 MW as planned in 2021.
“The Company’s operating results for the year 2020 (ended December 31, 2020) had total revenue of 1,777.37 million baht and net profit of 250.95 million baht, which was driven by revenue recognition from 9 power plant projects. It has a total capacity of 99 MW that has already supplied electricity to the system, including biomass power plants CRB, MWE, MGP, TSG, PGP, SGP, PTG, TPCH 5 and TPCH 1 ”
Mr. Cherdsak Wattanawitkul President of TPC Power Holding Public Company Limited (TPCH) said that on February 18, 2021, at the Board of Directors’ meeting of the Company No. 1/2021, the Company’s Board of Directors resolved to propose the meeting. Ordinary shareholders to approve the dividend payment for the year 2020 at the rate of 0.198 baht per share, amounting to 79.44 million baht. The dividend for that year included an interim dividend at the rate of 0.088 baht per share, amounting to 35.31 million baht. Paid on September 3, 2020, therefore additional dividends are paid at the rate of 0.110 baht per share, amounting to 44.13 million baht, with the record date of shareholders entitled to receive dividends (Record Date) on May 7, 2021. The dividend payment is scheduled on May 20, 2021, the payment of such dividend is subject to the approval of the Company’s shareholders’ meeting on April 22, 2021.
The company maintains its goal of obtaining a license to sell electricity (PPA) for both biomass and waste power plants to complete 250 MW, divided into 200 MW biomass and 50 MW waste power plants. By 2022 to help support the Company’s performance for sustainable and stable growth.
For the Company’s operating results for the year 2020 (ending December 31, 2020), total revenue was 1,777.37 million baht, an increase of 135.35 million baht or 8.2% compared to 2019, with total revenue of 1,642.02 million baht while net profit was 250.95. Million baht
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