Bangkok: Electricity Generating Public Company Limited (EGCO Group) showcased strong performance in 2025 amidst global challenges, expecting operating profit, including gains from the sale of investments, of 7,082 million baht. This growth is attributed to the outstanding performance of its related utility and infrastructure businesses, including the CDI Group in Indonesia, hydropower plants in Laos, and investments in the United States. The company also proposed a second-half dividend of 3.25 baht per share to shareholders, bringing the total annual dividend to 6.50 baht per share, representing a dividend yield of 5.26%. EGCO emphasized its "ONE EGCO ONE GOAL" philosophy, focusing on shared goals for organizational sustainability and future returns.
According to Thai News Agency, Mr. Thawatchai Samranvanich, President and CEO of EGCO Group, revealed that 2025 will be a year that demonstrates EGCO Group's strong resilience in overcoming geopolitical uncertainties, economic volatility, and new regulatory changes. While the Thai economy continues to face a slowdown due to weak private sector consumption, resulting in decreased national electricity demand, EGCO Group's solid foundation and strategic asset management (Asset Recycling) have enabled it to maintain growth and generate strong cash flow continuously.
The 2025 performance highlights are strong and significant, driven by the aforementioned economic and industry conditions. As a result, EGCO Group projects total revenue of 37,905 million baht in 2025, with operating profit of 4,439 million baht. Including profit from the sale of investments in associate and subsidiary companies, this amounts to 7,082 million baht, leading to a net profit of 4,727 million baht. The main drivers of operating profit are the outstanding performance of the energy businesses related to utilities and infrastructure: CDI Group in Indonesia, hydropower plants in Laos, particularly the Xayaburi hydropower plant, which saw increased electricity sales due to seasonal water abundance, and investments in the United States, including a 49% stake in two renewable energy power plants in the Pinnacle II group with a combined capacity of 251 MW. Furthermore, the outstanding performance of APEX, a large-scale renewable energy project developer, resulted in increased revenue from project sales. Simultaneously, the company recognized profits from the sale of investments in the Risec power plant in the United States and the Boco Rock Wind Farm in Australia, aligning with its strategic asset recycling policy.
EGCO Group's strong dividend payout reflects shareholder confidence, stemming from its solid business fundamentals and robust performance. This aligns with the company's consistent dividend policy under the "POWER4" strategy. The Board of Directors, at its meeting on February 27, 2026, resolved to propose to the 2026 Annual General Meeting (AGM) a dividend payment from the second half of 2025 at a rate of 3.25 baht per share. Following approval at the AGM on April 17, 2026, the total dividend for 2025 will be 6.50 baht per share, representing a dividend yield of 5.26%. The payment date is scheduled for April 28, 2026.
For its 2026 fiscal year, EGCO Group will be driven by confidence under the 'POWER4' strategy and the core concept of 'ONE EGCO ONE GOAL,' aiming for shared growth and sustainable organizational stability. The company will strive towards becoming a low-carbon enterprise and anticipates continued growth, supported by increased revenue from projects both domestically and internationally where it has previously invested, including investments in the Pinnacle II power plant group and an increased stake in Linden Cogen power plant to 38%. Furthermore, the company expects its US power plants to benefit from growing electricity demand driven by the Data Center and AI businesses. Other contributing factors include expanded investments in the CDI Group's infrastructure and related energy businesses in Indonesia, the signing of long-term power purchase agreements for renewable energy projects (RE Big lot) in the second round, and the pursuit of investment opportunities in high-quality natural gas and renewable energy p ower plants. This will build upon existing business bases and partnerships, particularly in the United States, a key area where EGCO Group has consistently invested.
'I believe in the power of ONE EGCO to transform every challenge into an opportunity. EGCO Group isn't just focused on short-term success, but we aim to create ONE GOAL: sustainable and balanced stability, to deliver energy to society and generate stable returns for investors,' said Mr. Thawatchai.