A new era Of energy for all
Dr. Gunkul Dhumrongpiyawut
  • Chairman of the Board of Directors

Message from The Chairman of the Board of Directors

GUNKUL received the results of corporate governance assessment of Thai listed companies for the year 2023 in 5-star level or “Excellent” (Excellent CG Scoring) for the seventh consecutive year, which reinforces that the Company has continued excellent corporate governance and is transparent in disclosing information. Along with conducting business for the organization to grow sustainably.

Message from Chief Executive Officer

2023 is a year filled with challenges from many factors, including economic, political, social and environmental. In particular, global energy fluctuations, which has been severely affected by energy crises and geopolitical conflicts. This is considered as a major turning point, causing many countries concerned about energy security and transition from fossil energy to sustainable energy and environmentally friendly.
Dr. Somboon Aueatchasai
  • Chief Executive Officer

New Journey for Tomorrow Join Gunkul A Journey Into the Future

Energy for Sustainability
Engineering and Turnkey
High-Voltage Equipment
Energy for Sustainability

Operate the business of production and distribution of electricity from renewable energy both domestically and overseas, including solar energy and wind energy, to reduce greenhouse gas emissions and elevate the resolution of climate change problems.

By aiming to create a business ecosystem with new innovations to create added business value, providing opportunities for the Company and business partners to go beyond limits to enhance the potential of expanding customer base. Including procuring products to fulfill each party’s needs, providing services and consulting regarding appropriate alternative energy, as well as seeking new channels to strengthen and become an energy industry leader sustainably.

Engineering and Turnkey

Operate the business of providing comprehensive engineering, maintenance, procurement, installation, and construction services, including renewable energy power plant, substation, transmission system, grounding system, underwater cable, microgrid system, energy storage system, and related intelligent equipment system.

High-Voltage Equipment

Operates the business of producing, procuring, and distributing equipment for electrical systems and power stations including medium to high-voltage transmission systems rated for 115 kV, grounding system equipment, equipment for electrical power transmission and distribution systems, lighting products, tools and personal protective equipment, as well as energy-saving products and alternative energy both domestically and overseas.

Key Financial Highlights Financial Highlights 2023

(Unit : million Baht)

Market Cap.
December 28, 2023
Total revenue
Total assets
EBITDA

Key Performance in 2023

May

The Company paid cash dividend for the year ending December 31, 2022 at the rate of 0.06 Baht per share in a total amount of no more than 535,000,000.00 Baht on May 18, 2023.

November

The Company approved the Share Repurchase Program for Financial Management No. 3 with details as follow:

      • Maximum amount for the share repurchase Not exceeding 1,120,000,000.00 Baht
      • Number of shares repurchase Not exceeding 380,000,000 Shares (Calculated as no more than 4.28 of the issued and paid-up capital)
      • Procedure used for the repurchasing of shares On the Stock Exchange of Thailand
      • The repurchase period November 16, 2023 to May 15, 2024

The Company paid cash dividend for the nine-month performance from January 1, 2023 to September 30, 2023 at the rate of 0.06 Baht per share in a total amount of no more than 535,000,000.00 Baht on December 6, 2023.

December

A group of subsidiaries, which are Gunkul Solar Powergen Co., Ltd., Gunkul One Energy 2 Co., Ltd., and Gunkul One Energy 9 Co., Ltd. have entered into 25-year Power Purchase Agreements with the Electricity Generating Authority of Thailand for the development of a total of 8 solar farm projects with a total contracted capacity of 429.6 megawatt. The schedule for commercial operation is between 2026 to 2030.

Sustainability Sustainable energy for all

We are not only cared about clean energy innovation but we also care about the existence of the world and the quality of life.