EGCO Group Posts 19.2 Billion Baht Revenue, 1.5 Billion Profit
EGCO Group recorded 19.2 billion baht in revenue and 1.5 billion baht net profit for the first half of 2025, driven by efficient cost management at Thai power plants, favorable conditions at Laotian hydroelectric facilities, and expansion o
EGCO Group reported first-half 2025 results showing total revenue of 19.179 billion baht, operating profit of 1.016 billion baht, and net profit of 1.538 billion baht, reflecting the strength of its financial position and diversified investment portfolio. Thatthachai Samranyawanit, chief executive of Electricity Generation Company (EGCO Group), said the second quarter alone generated 9.67 billion baht in revenue with 1.625 billion baht in profit share recognition. As of June 30, 2025, the company held total assets of 224.391 billion baht, shareholder equity of 101.381 billion baht, and cash reserves of 31.811 billion baht.
Performance in the first half demonstrated "strategic resilience" and financial discipline amid economic and geopolitical volatility, with the company managing risk across countries, fuels, technology, and related energy businesses. Four key factors supported the results: efficient cost management at Thai independent power plants, with BLCP benefiting from lower fuel costs and Kaeng Khoi increasing sales volume; favorable water levels in Laos enabling higher output from Noen Muang Thae 2 and Xayaburi plants; expansion of data centers and AI in the United States boosting Linden Cogen's revenue and sales, plus increased shareholding in Pinnacle II wind and solar operations; and growing rental income providing stable cash flow.
Management said the company will continue seeking investment opportunities while maintaining disciplined asset selection aligned with strategy, actively managing the portfolio through asset recycling to strengthen capital readiness and sustain long-term growth despite intense competition for investments.
