Ratch Group Public Company Limited (SET: RATCH) has announced 2Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 2Q25 | 2Q24 |
| Net Profit (Loss)
Million Baht |
2,057.45 | 2,290.25 |
| Earning Per Share
(Baht) |
0.9500 | 1.0500 |
| % Change | -10.16 | |
| 6 Month | 2025 | 2024 |
| Net Profit (Loss)
Million Baht |
3,277.11 | 3,827.08 |
| Earning Per Share (Baht) | 1.51 | 1.76 |
| % Change | -14.37 | |
RATCH reported a net profit in 2Q25 of Baht 2,057.45 million, a decrease of Baht 232.8 million or 10.16% compared to the previous year. The decreased net profit was due to Thai baht appreciation in relation to both Australian and US dollar, which led to lower EBITDA contributions from the Australia portfolio.
In the Q2 and 6M period of 2025, the total revenues were THB 9,043 million and THB 16,030 million, respectively. By excluding the Energy Payment (pass-through), the total revenue declined by 3.6% and 5.7% YoY, respectively.
The main reason was the appreciation of THB relative to both AUD and USD, leading to lower revenue contributions from the Australia portfolio. Additionally, the sale revenue of RPE declined following the new PPA with EGAT. Moreover, RG experienced more planned maintenance shutdowns compared to the same period last year.
