Showing 1 - 9 of 9
Gulf prudent about new investment
Business, Yuthana Praiwan, Published on 12/06/2025
» SET-listed Gulf Development, Thailand's largest energy company by market value and a telecom operator, is adopting a cautious approach to new investment this year to avoid risks caused by global economic and political uncertainties.
Gulf ramps up debt with B300bn fundraising plan
Yuthana Praiwan, Published on 02/06/2025
» SET-listed Gulf Development, Thailand’s largest power company by market value and a telecom operator, is to raise 300 billion baht to refinance and boost future investment after merging with Intouch Holding Plc, the parent firm of Advanced Info Service (AIS).
Gulf reports Q1 profits surge 28% to B5.3bn
Business, Yuthana Praiwan, Published on 10/05/2025
» SET-listed Gulf Development's diversification into the telecom business is bearing fruit, helping the energy developer drive revenue in the first quarter, with net profit soaring by 28% to 5.3 billion baht.
Gulf Development allots B100bn budget
Business, Yuthana Praiwan, Published on 26/03/2025
» Gulf Development Plc, a new firm established by the merger of Gulf Energy Development Plc and Intouch Holdings Plc, is planning to spend 100 billion baht over the next five years synergising energy and telecom businesses, as well as developing a data centre facility.
Gulf targets 20% chunk of energy up for auction
Business, Yuthana Praiwan, Published on 05/10/2024
» Gulf Energy Development, Thailand's largest private power producer by market value, wants to win the rights to develop new power plants, with capacity accounting for 20% of the 3.6-gigawatt total to be offered in the second-phase auction of renewable energy development projects.
Gulf completes purchase of US gas plant
Business, Yuthana Praiwan, Published on 01/03/2023
» Gulf Energy Development Plc, Thailand's largest power producer by market value, is set to rake in more revenue after becoming an owner of Jackson Generation, a 1,200-megawatt gas-fired power plant in the US.
Gulf profits increase 37% to B12.1bn in 2022
Business, Yuthana Praiwan, Published on 18/02/2023
» Gulf Energy Development Plc posted revenue growth of 92% to 101 billion baht last year, driven by earnings from its power generation facilities, divestment and InTouch Holdings Plc, the parent firm of telecom operator Advanced Info Service (AIS).
Gulf, SCG urge government to assist Thai firms globally
Business, Yuthana Praiwan, Published on 16/12/2022
» Gulf Energy Development and Siam Cement Group (SCG) are urging the government to improve Thai companies so they can stand out in the global business arena.
Gulf upbeat on development with AIS
Business, Yuthana Praiwan, Published on 22/10/2021
» SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, expects its ongoing move to synergise its business with Advanced Info Service Plc (AIS), the country's biggest mobile operator, will pave the way for digital infrastructure development, which will become a core of the economy in the future.