Gulf Development Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was THB 30,451.21 million compared to THB 27,419.25 million a year ago. Revenue was THB 30,451.21 million compared to THB 27,419.25 million a year ago. Net income was THB 6,029.75 million compared to THB 3,360.3 million a year ago. Basic earnings per share from continuing operations was THB 0.51 compared to THB 0.29 a year ago.
For the nine months, sales was THB 85,590.04 million compared to THB 86,389.17 million a year ago. Sales was THB 93,642.2 million compared to THB 86,389.17 million a year ago. Revenue was THB 96,155.6 million compared to THB 86,389.17 million a year ago. Revenue was THB 93,642.2 million compared to THB 86,389.17 million a year ago. Net income was THB 14,269.54 million compared to THB 10,095.22 million a year ago. Net income was THB 14,269.54 million compared to THB 10,095.22 million a year ago. Basic earnings per share from continuing operations was THB 1.22 compared to THB 0.86 a year ago. Basic earnings per share from continuing operations was THB 1.22 compared to THB 0.86 a year ago.
Gulf Energy Development Public Company Limited is a Thailand-based holding company. The Company is engaged in generating and selling electricity and steam, storing, and converting natural gas from liquid to gas, providing satellite services and other businesses in domestic and international. The Company operates through four segments: Power business, Consulting business, Infrastructure business, and Satellite business. It also provides management services to power projects within the group from the development and construction stage to the management stage after commencement of commercial operation. The Company's Energy Business, comprised of gas-fired power generation business and other related businesses, renewable energy business and gas business. The Companyâs subsidiaries include Independent Power Development Co., Ltd., Gulf MP Co., Ltd., Gulf Renewable Energy Co., Ltd., Gulf LNG Trading Pte. Ltd., Gulf Pattani Green Co., Ltd., Gulf Infrastructure Co., Ltd., and others.
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