BCPG Public Company Limited (SET: BCPG) has announced 3Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 3Q25 | 3Q24 |
| Net Profit (Loss)
Million Baht |
626.64 | -28.38 |
| Earning Per Share
(Baht) |
0.2100 | -0.0100 |
| 9 Months | 2025 | 2024 |
| Net Profit (Loss)
Million Baht |
128.20 | 1,655.57 |
| Earning Per Share (Baht) | 0.04 | 0.55 |
| % Change | -92.26 | |
BCPG reported a net profit in 3Q25 of Baht 626.64 million, an increase of Baht 655.02 million compared to the previous year. The increased net profit was from the following factors:
1) Increased performance of wind power plants in Thailand due to higher wind speeds.
2) Higher contribution from tank terminal business in Thailand due to higher utilization of oil storage tanks as well as an increase in throughput services by customers.
3) Operational performance of hydropower plants in Laos PDR has increased, supported by seasonal conditions and high-water levels throughout the quarter.
4) Increased share of profit, primarily driven by higher capacity revenue rate of CCGTs in the USA, driven by seasonal factors and full-quarter recognition.
5) Lower financial costs.
Furthermore, recognition of total non-recurring losses (FX Losses) amounting to THB 85.6 million, compared to the same period last year which recorded total non-recurring losses of THB 481.0 million, resulting in an increase in net profit.
However, BCPG noted that these positive factors were partially offset by drop in contributions from solar power plants in Thailand and a decline in Ft rate, as well as derecognition revenue in share of profits from wind farms in the Philippines and the recognition of a share of operating loss from the wind power project in Laos during the low season.
