BANPU reveals 2023 revenue will reach 179 billion baht, greenlights dividend of 0.20 baht per share – Miti Stock


Miti Stock – BANPU or Banpu Public Company Limited revealed that in 2023, the company's total income reached 179 billion baht, and net profit in 2023 reached 5.43 billion baht, with the natural gas business located in the United States. There was a 12% increase in sales (y-o-y) in the electricity generation business. There were improved operating results from the Temple I and Temple II natural gas power plants in the United States, in response to continued high electricity demand. Including the BLCP power plant, it recorded a significant increase in its share of operating profits.

Coal trade in China is still a good profit share continuously. Benefiting from coal prices remain at a high level. This reflects the continuing demand from the industrial and household sectors. The remaining coal reserves by the end of 2023 amounted to 630.27 million tons, and the remaining natural gas reserves amounted to 5.149 million cubic feet.

The Board of Directors approved the distribution of cash dividends of 0.20 pounds per share

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