GUNKUL’s 3Q25 Profit Soars 20% on Strong Energy Operations

Gunkul Engineering Public Company Limited (SET: GUNKUL) has announced 3Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:

Quarter 3Q25 3Q24
Net Profit (Loss)
Million Baht
457.12 379.41
Earning Per Share
(Baht)
0.0500 0.0400
% Change 20.48
9 Months 2025 2024
Net Profit (Loss)
Million Baht
1,308.61 1,140.84
Earning Per Share (Baht) 0.15 0.13
% Change 14.71

 

GUNKUL reported a net profit in 3Q25 of THB 457.12 million, an increase of THB 77.71 million or 20.48% compared to the previous year.

The increase in net profit was mainly driven by stronger performance in the company’s core businesses, particularly in the energy segment, including wind and solar power projects, together with higher interest income from finance lease agreements and other income. In addition, effective management of financial costs and operating expenses across all business segments contributed to stronger profitability.

The company’s total revenue for the third quarter ended 30th September 2025 amounted to THB 1,837.55 million, compared with THB 2,370.33 million for the same period of the previous year, representing a decrease of THB 532.78 million or 22.48%.

For the third quarter ended 30th September 2025, the Company recorded a gross profit margin of 38.36%, an increase from 31.20% in the same period of the previous year, representing an increase of 7.16%.

Selling and administrative expenses for the third quarter ended 30th September 2025 amounted to THB 290.43 million, compared with THB 286.01 million for the same period of the previous year, representing an increase of THB 4.42 million or 1.55%. Overall, the Company continued to manage such expenses efficiently at a level comparable to the previous year.