Ratchaburi shows Bt5 bn net profit

By The Nation

Ratchaburi Electricity Generating Holding Plc, Thailand's largest private power producer, showed the third quarter net profit of Bt5 billion, or 6.21 per cent up from Bt4.7 billion in the same period a year earlier.

Managing Director Noppol Milinthanggoon said that the company would proceed with potential investment projects at home and abroad, despite the financial crisis. However, its investment policy would be implemented in line with domestic power demand forecasts.

At the end of the third quarter, its cash on hand totalled Bt8.4 billion while the retained earnings stood at Bt23.5 billion. Its debt-to-equity ratio stayed at 0.74:1.

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Ratchaburi shows Bt5 bn net profit

Ratchaburi Electricity Generating Holding Plc, Thailand's largest private power producer, showed the third quarter net profit of Bt5 billion, or 6.21 per cent up from Bt4.7 billion in the same period a year earlier.

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