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Chonburi Clean Energy has launched construction for the Waste-to-Energy Project in Thailand
Bangkok - Chonburi Clean Energy (CCE), a joint venture company established by WHA Utilities and Power Plc, Glow Energy Plc and SUEZ has given Marubeni of Japan the go ahead for the construction of a 8.63 -MW industrial-waste-to-energy power plant, to be built within the Hemaraj Chonburi Industrial Estate in the Chonburi Province in Thailand. Upon commissioning by end of 2019, CCE will provide 20-year operation and maintenance services of the plant to assist national government in its ambition to create circular economy and protect the environment by converting waste into green energy.
Glow announces Normalized Net Profit of THB 6.9 billion for the first nine months of 2017
Glow announces Normalized Net Profit of 2.8 billion THB for the second quarter of 2017
2017 interim dividend set at 1.531 THB/share, which represents a 5% increase from 2016.
Glow announces Normalized Net Profit of 1.7 billion THB for the first quarter of 2017
For the first quarter 2017, Glow Group (“Glow”) has posted: - Consolidated total revenue of THB 12,136 million, - Earnings Before Interest, Taxes, Depreciation and Amortization (“EBITDA”), excluding adjustments for Financial Lease accounting, of THB 3,773 million, - Net Profit of THB 1,898 million, and - Normalized Net Profit (“NNP”) (net profit excluding net foreign exchange gains/ losses, deferred tax income/expenses and adjustments for Financial Lease accounting) of THB 1,713 million.
Glow posts solid results for 2016, and proposes a full-year dividend of 5.75 THB/share to shareholders.
For the fiscal year 2016, Glow Group (“Glow”) has posted: - Consolidated total revenue of THB 53,092 million, - Earnings Before Interest, Taxes, Depreciation and Amortization (“EBITDA”), excluding adjustments for Financial Lease accounting, of THB 18,770 million, - Net Profit of THB 8,953 million, and - Normalized Net Profit (“NNP”) (net profit excluding net foreign exchange gains/ losses, deferred tax income/expenses and adjustments for Finance lease accounting) of THB 9,391 million.