Try GOLD - Free
BGRIM posts 51.6% increase in net profit for first quarter
Bangkok Post
|May 16, 2025
B.Grimm Power Plc (BGRIM) reported a 51.6% increase in net profit for the first quarter this year, while advancing industrial user expansion and near-ing commercial operation dates for its renewable energy projects.
-
Net profit jumped by 51.6% to 749 million baht, while earnings before interest, taxes, depreciation and amortisation (Ebitda) rose 2.6% to 3.72 billion baht year-on-year.
Harald Link, group president of BGRIM, attributed the strong first-quarter performance to the parent firm's sharp improvement in net profit from 379 million baht to 654 million baht year-on-year, thanks to the consolidation of Malacha's performance after its 100% acquisition in May 2024; an 8.8% increase in steam sales volume to industrial users in Thailand; a greater share of profits from associates and joint ventures; and a decrease in natural gas prices and realised gains from foreign exchange.
This story is from the May 16, 2025 edition of Bangkok Post.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Bangkok Post
Bangkok Post
Temple faces probe over land grab
Saraburi monks in trouble over plot
2 mins
February 23, 2026
Bangkok Post
Anutin denies 300-seat coalition deal is finalised
Prime Minister Anutin Charnvirakul, leader of the Bhumjaithai Party (BJT), has dismissed reports that a 300-seat coalition in the House of Representatives has already been secured, insisting no formal agreement has been reached.
1 mins
February 23, 2026
Bangkok Post
SCG chief banking on people
When most executives talk about digital disruption, they point to algorithms, automation and artificial intelligence (AI) as the forces reshaping business, but Thammasak Sethaudom, chief executive officer of The Siam Cement Plc, known as Siam Cement Group (SCG), sees things differently.
2 mins
February 23, 2026
Bangkok Post
Never stop learning
While the restaurant industry is going through a difficult time due to weakened consumer purchasing power, fewer foreign tourists, ongoing labour shortages and other challenges, one segment is thriving: the shabu-shabu and sukiyaki category, which continues to grow and maintain its popularity year-round.
2 mins
February 23, 2026
Bangkok Post
'Godfather' of billiard sports Sindhu dies
Sindhu Pulsirivong, revered as the \"father of snooker\" in Asia, died Saturday evening at the age of 91.
1 min
February 23, 2026
Bangkok Post
Mr Turnaround Man
Chief Executive Officer of Thai Airways International Plc Chai Eamsiri has been named CEO of the Year by the Bangkok Post for his transformational leadership that has steered the 65-year-old carrier from losses to profitability.
2 mins
February 23, 2026
Bangkok Post
Crypto exchange KuCoin receives stay of execution
Capital injection deadline extended
2 mins
February 23, 2026
Bangkok Post
Minilateralism's necessary rise
If there was any doubt remaining about the return of great-power politics, it has been dispelled by US President Donald Trump's attack on Venezuela, threats to annex Greenland, and refusal to extend the New Start treaty limiting the nuclear arsenals of the United States and Russia.
3 mins
February 23, 2026
Bangkok Post
Man City down Newcastle, Chelsea held
Manchester City piled pressure on Premier League leaders Arsenal as Nico O'Reilly's brace clinched a crucial 2-1 win against Newcastle, while Chelsea's bid to reach the Champions League was dented by a 1-1 draw against lowly Burnley on Saturday.
1 mins
February 23, 2026
Bangkok Post
Weak US GDP data, tariff ruling give gold a lift
Gold prices rallied late last week, supported by weaker-than-expected US economic growth data, while investors digested President Donald Trump's announcement of fresh global tariffs following the US Supreme Court ruling overturning his use of emergency powers to levy them.
1 min
February 23, 2026
Listen
Translate
Change font size