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Search Result for “baht net”

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THAILAND

EGCO profit jumps 88% on strong performance

Published on 15/08/2025

» Bangkok, August 15, 2025 - Electricity Generating Public Company Limited (EGCO Group) has announced strong first-half 2025 results, posting a net profit of 5,734 million baht—an increase of 2,679 million baht or 88% year-on-year. The solid performance was largely driven by the company’s “Triple P” strategy, which emphasises strategic asset recycling. 

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THAILAND

TTA Posts Baht 942m Profit in First Half of 2025

Published on 15/08/2025

» Bangkok, August 15, 2025 – Thoresen Thai Agencies (TTA) posted first-half revenues of 14.52 billion baht and net profit of 942.4 million baht, driven by strong Shipping and Other Investments performance. Shipping, Offshore Service, Agrochemical, Food & Beverage, and Other Investments contributed 23%, 53%, 14%, 7%, and 3% of revenue, respectively. Shipping achieved a TCE rate 31% above the market, while Offshore Service maintained a US$688.1 million order book. Other income surged 833% YoY to 1.56 billion baht on digital asset sales. TTA closed the half with 5.7 billion baht in cash, net operating cash flow of 1.61 billion baht, and a debt-to-equity ratio of 0.37. 

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GENERAL

Thai banks start cutting interest rates

Published on 14/08/2025

» Thailand’s top banks have started cutting lending rates, following the central bank’s move on Wednesday to reduce the benchmark policy rate to a two-year low of 1.50% to support a weakening economy hit by US tariffs.

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INVESTMENT

Thai mutual fund assets top B6tn in first

Nuntawun Polkuamdee, Published on 14/08/2025

» Assets in Thailand's mutual fund industry have surpassed 6 trillion baht for the first time, driven by fixed-income fund inflows amid expectations of interest rate cuts, says the Association of Investment Management Companies (AIMC).

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GENERAL

BGRIM posts B475m Q2 profit

Business, Published on 14/08/2025

» B.Grimm Power Plc (BGRIM) has reported a normalised net profit attributable to the parent company of 475 million baht in the second quarter of this year, as well as 1.22 billion baht for the first six months.

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GENERAL

CPN revenue up 3% in Q2

Business, Published on 14/08/2025

» SET-listed retail and property developer Central Pattana (CPN) has reported strong growth for the second quarter, with total earnings of 11.7 billion baht, a gain of 3% year-on-year, and net profit excluding property development of 3.9 billion, up 10%.

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THAILAND

CKPower Profit Soars on Hydropower Gains and Lower Costs 

Published on 13/08/2025

» Bangkok, August 13, 2025 — Building on strong momentum from the first quarter, CKPower Public Company Limited (SET: CKP)—one of the region’s largest producers of electricity from renewables with one of the lowest carbon footprints—reported continued growth in operating performance for the second quarter and first half of 2025. The company and its subsidiaries posted a Core Net Profit of Baht 353.0 million in Q2 and Baht 416.3 million for the six-month period, up by Baht 204.3 million or 137.4% year-on-year and Baht 509.2 million or 548.1% year-on-year, respectively. These results, announced by Managing Director Mr. Thanawat Trivisvavet, underscore the company’s sustained profit expansion across the first half of the year. 

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THAILAND

TIDLOR Hits Record Q2 Profit on Quality Growth 

Published on 13/08/2025

» Bangkok, August 13, 2025 — Tidlor Holdings Public Company Limited (“TIDLOR” or the “Company”) has reported strong, quality-driven growth for the second quarter of 2025, driven by the robust expansion of its low-risk insurance brokerage business and effective cost and credit quality management in its lending operations. 

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GENERAL

Telecom companies banking on AI for future growth

Business, Komsan Tortermvasana, Published on 13/08/2025

» The telecom industry hopes enterprise adoption of artificial intelligence (AI) solutions and the emergence of promising AI applications can steer the sector out of its revenue growth trap.

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OPINION

Blended finance for climate action

Oped, Published on 13/08/2025

» It takes policy support, commitment and also money to tackle climate change. For the latter, Thailand needs around 5-7 trillion baht in climate finance to achieve its carbon neutrality and net-zero emissions by 2050 and 2065, respectively. However, that's a target the country is still a long way away from.