GUNKUL Reports 35% Growth in Net Profit for 2022 and Issues THB0.06 Dividend Payout

Gunkul Engineering Public Company Limited (SET: GUNKUL) announced its 2022 consolidated financial statement through the Stock Exchange of Thailand as follows;

Year 2022 2021
Net Profit (Loss)
Million Baht
3,010.52 2,229.27
Earning Per Share
(Baht)
0.3400 0.2500
% Change 35.05

GUNKUL reported a net profit of 3,010 million baht in 2022, compared to the same period of previous year at 2,229.27 million baht, an increase of 781.25 million baht or 35.05%.

The company had total revenue shown in the consolidated financial statements amounting to 9,515.10 million baht, a decrease of 253.32 million baht or 2.59%, compared to the same period of previous year at 9,768.42 million baht.

Revenue from sales for the year ended 31st December 2022 in the consolidated financial statements presented at the amount of 1,829.22 million baht, compared to the same period of the previous year at 1,474.97 million baht, an increase of 354.25 million baht, or 24.02%. Since 2022, the company has more sales transactions of electrical equipment such as Gas Switch, Surge Arrester and other equipment with the Electricity Authority and the private sector.

Revenue from sale of electricity and adder in the purchase price of electricity for the year ended 31st December 2022 in the consolidated financial statements presented at the amount of 3,448.85 million baht, compared to the same period of the previous year at 4,760.50 million baht, a decrease of 1,311.65 million baht, or 27.55%.

In addition, the Board of Directors approved a THB0.06 dividend payout to be paid on 18 May 2023. The ex-dividend date is on 26 April 2023.