State Enterprises Surpass Revenue Target by 11% in FY2025
Thailand's Office of the State Enterprise Policy Commission announced that revenue from state enterprises in fiscal year 2025 exceeded 200 billion baht, surpassing its target by 11 percent. The biggest contributors were the Government Lottery Office and PTT, together contributing over 84 billion baht. The results highlight strong performance across utilities, finance and state-linked funds.
Nattawut Paisalwatthana, Deputy Director-General of the Office of the State Enterprise Policy Commission, acting as Director-General, said the office had set a target of 182.6 billion baht for land revenue and dividends from state enterprises and companies with less than 50% government ownership for FY2025. Actual collections reached 203.226 billion baht, exceeding the target by 20.626 billion baht, or 11%. The top ten contributors were: the Government Lottery Office with 50.925 billion baht; PTT Public Company Limited with 33.754 billion baht; the Ayutthaya Hedging Fund with 19.202 billion baht; the Electricity Generating Authority of Thailand with 18.244 billion baht; the Provincial Electricity Authority with 17.011 billion baht; the Government Savings Bank with 13.389 billion baht; Airports of Thailand Public Company Limited with 8.100 billion baht; the Government Housing Bank with 6.963 billion baht; the Bank for Agriculture and Agricultural Cooperatives with 5.552 billion baht; and the Metropolitan Electricity Authority with 5.104 billion baht.