Gulf Energy Development PCL

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44 articles for Gulf Energy Development PCL

Gulf Energy Development PCL: Big beat! New net and core earnings records; strong quarter ahead

Big beat! GULF posted a 4Q22 net profit of Bt5,406m. GULF will pay a dividend for 2022 of Bt0.60/share.
Bualuang Securities Kijapat
Kijapat Wongmetta @ Bualuang Securities 17 February 2023

Thai: Utilities -A sharply higher Jan-Apr Ft rate super-charges SPPs’ profit

A rising Ft charge will boost the earnings of SPPs. Strong recovery expected for 4Q22 …. … and 1Q23.
Bualuang Securities Kijapat
Kijapat Wongmetta @ Bualuang Securities 27 January 2023

Thailand: Utilities-5.2GW in renewables—the journey’s start, not the destination

Big tranche of renewable capacity to open to tender. Partial-firm PPAs, a new type of PPA? Timeline for the tenders.
Bualuang Securities Kijapat
Kijapat Wongmetta @ Bualuang Securities 17 November 2022

Gulf Energy Development PCL: Weak result, but strong outlook

Result missed. GULF posted a 3Q22 net profit of Bt1,087m. Revenue shot up 99% YoY.
Bualuang Securities Kijapat
Kijapat Wongmetta @ Bualuang Securities 14 November 2022

Thailand: Utilities - Soaring gas price—shift to wind and solar

Gas price hit a new record in 3Q22, but …. …is likely to decline in 4Q22. Renewables the best play for the long haul.
Bualuang Securities Kijapat
Kijapat Wongmetta @ Bualuang Securities 31 October 2022

Thailand: Utilities - Who wins most from a higher Ft?

EGAT’s huge gas cost burden …. … means high electricity prices through 2023. SPPs will recover, VSPPs will fly.
Bualuang Securities Kijapat
Kijapat Wongmetta @ Bualuang Securities 5 September 2022

Details

Thailand
Asia
Utilities
About
Gulf Energy Development Public Company Limited produces and sells electricity and steam. The Company manages a portfolio of gas-fired and renewable power projects, as well as supplies steam and chilled water. Gulf Energy Development serves customers in Thailand.

Associated topics

Gulf Energy Development PCL Utilities Asia Thailand Equity Kijapat Wongmetta BGRIM Global Power Synergy PCL GPSC NPAT INTUCH COVID-19 Industrials Capital Goods