Corporate
21 February 2023

BCPG announces 2022 performance with a 30% profit increase and dividend payment of 0.16 Baht per share

BCPG Public Company Limited and its subsidiaries announced their operating results in 2022 with a total net profit of THB 2,630 million, a 30.8% increase from the previous year. In Q4/2022, the Company could achieve a net profit of THB 296 million, a 24.5% increase from last year.

According to Niwat Adirek, President and CEO of BCPG, the Company's total revenue in 2022 reached THB 5,405 million, a 15.8% increase from 2021 (THB 4,669 million). The Company could also achieve a total net profit of THB 2,630 million, a 30.8% increase from the previous year (THB 2,011 million).

In Q4/2022, BCPG achieved total revenue of THB 1,267 million, a 2.8% increase from last year (THB 1,232 million). The Company's net profit accounted for THB 296 million, a 24.5% increase from the previous year (THB 238 million).

The Company's Board of Directors meeting on February 20, 2023, approved the interim dividend payment to shareholders from the net profit in the second half of 2022 (July 1 – December 31, 2022) at the rate of THB 0.16 per share. Combined with the previous interim dividend payment for the first half of the year (January 1 – June 30, 2022), the total interim dividend payment for 2022 was THB 0.36 per share.

The Company will inform shareholders who have the right to receive the Record Date's dividends (XD) on March 7, 2023. The dividend payment date is scheduled for April 21, 2023, after the shareholders' approval at the AGM.

BCPG's total production capacity reached 1,109 MW, 391 MW in operation, and 718 MW under development, which is expected to start commercial operation within 2025.