Global Power Synergy Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was THB 20,852.57 million compared to THB 20,905.24 million a year ago. Net income was THB 770.07 million compared to THB 1,789.51 million a year ago. Basic earnings per share from continuing operations was THB 0.27 compared to THB 0.63 a year ago.
For the nine months, sales was THB 68,328.74 million compared to THB 71,643.64 million a year ago. Net income was THB 3,062.61 million compared to THB 3,216.46 million a year ago. Basic earnings per share from continuing operations was THB 1.09 compared to THB 1.14 a year ago.
Global Power Synergy Public Company Limited is a Thailand-based power generation company. The principal business of the Company is the production and distribution of electricity, steam, and water for industrial use to the government and industrial customers. The Company operates through three segments: Independent Power Producer, Small Power Producer, and others. The Company’s business includes combined heat power plant / cogeneration / thermal power, renewable energy power plant and related businesses and others. The Company’s subsidiaries include Combined Heat and Power Producing Company Limited, Natee Synergy Company Limited, IRPC Clean Power Company Limited, Glow Energy Public Company Limited, Energy Recovery Unit Company Limited and others. Combined Heat and Power Producing Company Limited generates and supplies electricity and cold water, construction, and installation of electricity system services. Natee Synergy Company Limited invests in other companies.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.