BCPG Public Company Limited (SET: BCPG) has announced its 2024 consolidated financial statement through the Stock Exchange of Thailand as follows:
Year | 2024 | 2023 |
Net Profit (Loss) Million Baht |
1,819.39 | 1,104.04 |
Earning Per Share (Baht) |
0.6100 | 0.3800 |
% Change | 64.79 |
BCPG reported a net profit of THB 1,819.4 million, representing an increase by 64.8% in 2024. The increase was mainly due to the record of one-time gain from the sale of Japanese assets as mentioned.
For FY2024, the Group of Companies recorded FX loss of THB 248.6 million, a decrease from the THB 68.0 million FX gain recorded in FY2023.
In FY2024, the Group of the Companies successfully sold 9 solar power projects in Japan with a total installed capacity of 116.8 MW (total contracted capacity of 89.7 MW), including subsidiaries in Japan that provide asset management services and operation and maintenance services by selling common shares in subsidiaries and investments for a total purchase value of THB 10,377 million, resulting in the Group of the Companies recognized net gain from sale of investments after deducting related expenses of THB 2,158.8 million.
Meanwhile, the Group of Companies recorded items related to write-off and impairment losses of assets, total of 5 items, with a total value of THB 968.6 million.
Total revenue from sales and rendering of services in 2024 was 4,322.9 million, lessened by 14.1% YoY due to the lower revenue from solar projects and wind projects in Thailand as well as solar projects in Japan.
Additionally, the Board of Directors approved a dividend payment of THB0.18 per share to be paid on 22 April 2025. The ex-dividend date is 5 March 2025.