21 February 2024

BCPG announces 2023 performance with dividend payment in the second half of 2024

BCPG Public Company Limited and its subsidiaries announced their operating results in 2023 with total revenue of THB 5,031 million, a THB 374 million decrease from last year, and total net profit of 1,104 million.

“In 2023, we successfully accomplished our investment plans with oil terminal in Thailand and natural gas power plants in the US. The contributions from both projects combined with higher contributions from better performance of solar power plants in Thailand could fill an absence of adder of the existing projects. In this year, we also plan to invest THB 14,000 million in under-development and new projects which are expected to achieve revenue recognition within this year”, said Niwat Adirek, President and CEO of BCPG.

The Company's Board of Directors meeting on February 20, 2024, approved the interim dividend payment to shareholders from the net profit in the second half of 2023 (July 1 – December 31, 2023) at the rate of THB 0.15 per share. Combined with the previous interim dividend payment for the first half of the year (January 1 – June 30, 2023), the total interim dividend payment for 2023 was THB 0.25 per share.

The Company will inform shareholders who have the right to receive the Record Date's dividends (XD) on March 5, 2024. The dividend payment date is scheduled for April 22, 2024, after the shareholders' approval at the AGM.