Post by account_disabled on Dec 27, 2023 17:37:31 GMT 7
Dr. Rittee Kitpipit, Chief Executive Officer of Scan Inter Public Company Limited or SCN, revealed profits in 2019 at a high level of 196 million baht, an increase of 17 million baht from the previous year. Starting to recognize profits from the Minbu project in the 4th quarter of 2019. In addition, the company also proceeded to sell 2 Mitsubishi brand auto dealers of the company, which were recognized as Profit from sales of 86 million baht resulted in a higher EBITDA profit margin of 18%, an increase compared to 16% of the previous year. In addition, the company also rewards investors by approving a dividend payment at the rate of 0.10 baht per share, or a dividend yield of up to 5%, which is considered the highest dividend yield since the company.
Entering the Stock Exchange, Dr. Rittee said, "We are confident that SCN will continue to grow in every aspect. Especially through important projects that the company has invested in. such as the Minbu Power Plant Project, which is expected to have significantly lower costs. From the situation of the Email Marketing List strong baht and construction costs that are likely to be significantly lower. This will result in the IRR being higher than our previous target of 10%. Investors will begin to see profits from the Minbu project from now on. In addition, the company will move forward with accelerating construction for Phase 2 within the 3rd quarter of 2020 and expects that the project will be completed in all 4 phases by 2021, representing a total value of nearly 10,000 million baht at the end of last year.
The company has joined hands with partners. Expanding work in the field of renewable energy, solar rooftops, by establishing Scan Advance Power Company Limited to pioneer the private sector power purchasing market (Private PPA). In the past, it has signed a private sector power purchase agreement for a solar roof project lease. TOP has already sold a total of 10 MW to operators. The company aims to expand the private power purchase portfolio (Private PPA) to a total of 110 MW or a total value of more than 3,000 million baht within the next 4 years.
Entering the Stock Exchange, Dr. Rittee said, "We are confident that SCN will continue to grow in every aspect. Especially through important projects that the company has invested in. such as the Minbu Power Plant Project, which is expected to have significantly lower costs. From the situation of the Email Marketing List strong baht and construction costs that are likely to be significantly lower. This will result in the IRR being higher than our previous target of 10%. Investors will begin to see profits from the Minbu project from now on. In addition, the company will move forward with accelerating construction for Phase 2 within the 3rd quarter of 2020 and expects that the project will be completed in all 4 phases by 2021, representing a total value of nearly 10,000 million baht at the end of last year.
The company has joined hands with partners. Expanding work in the field of renewable energy, solar rooftops, by establishing Scan Advance Power Company Limited to pioneer the private sector power purchasing market (Private PPA). In the past, it has signed a private sector power purchase agreement for a solar roof project lease. TOP has already sold a total of 10 MW to operators. The company aims to expand the private power purchase portfolio (Private PPA) to a total of 110 MW or a total value of more than 3,000 million baht within the next 4 years.