Press Release

GPSC organized Analyst Meeting to announce its Q1/2020 performance results with profit growth of 68%

On 18 May 2020, Mr. Chawalit Tippawanich, President and Chief Executive Officer, together with management committee of Global Power Synergy Public Company Limited or GPSC, the innovative power flagship of PTT Group, announced its first quarter performance results of the year 2020 and overall investment plan in various projects, both domestically and internationally, which met the target as planned. GPSC’s profit increased by 68%, compared to the same period of the year 2019, resulted from the acquisition of Glow Energy Public Company Limited or GLOW and the increase in Availability Payment (AP) from Sriracha Power Plant and others. The performance results was announced in the Analyst Meeting through Facebook live broadcasting, which was held at Board meeting room, 18th floor of Energy Complex Building, Vibhavadi Rangsit Road, Bangkok.