Gulf Energy Development PCL (Gulf Energy) is an energy producer. The company offers electricity, steam and chilled water generating units and others. Gulf Energy provides Renewable Energy, gas, infrastructure, utilities and digital business. It sells electricity to Electricity Generating Authority of Thailand (EGAT) and other industrial users through Independent Power Producer (IPP) and Small Power Producers (SPP) programs. The company also sells electricity to Provincial Electricity Authority (PEA) through Very Small Power Producers (VSPP) program. Gulf Energy is headquartered in Bangkok, Thailand.
Headquarters
Thailand
Address
Wireless Road, Lumpini, Pathumwan, Pathumtani, 10330
Website
www.gulf.co.th
No of Employees
1,212
Industry
Power
Ticker Symbol & Exchange
GULF (BAK)
Revenue (2022)
$3.3B
21.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
30.1%
(2022 vs 2021)
Market Cap*
$14.0B
Net Profit Margin (2022)
XYZ
7.4%
(2022 vs 2021)
* As of and is in US$
Gulf Energy Development PCL premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Service: |
| Chilled Water | Distribution |
| Steam |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company entered into a strategic supply agreement with Sungrow to deliver PV inverters and liquid-cooled energy storage systems for its 3.5GWp project needs for the next 7 years. |
| 2024 | Contracts/Agreements | In March, the company entered into a master supply agreement with JinkoSolar (Haining) Co. Ltd., under which JinkoSolar will provide a high-quality supply of solar panels for the development of domestic solar farm projects. |
| 2024 | New Products/Services | In March, the company and Ratch launched a gas-fueled unit at their Hin Kong power plant. |
Competitor Comparison
| Key Parameters | Gulf Energy Development PCL | Glow Energy Public Co Ltd | Phoenix Solar AG | Ekarat Engineering (Public) Co Ltd | Solartron Public Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Thailand | Thailand | Germany | Thailand | Thailand |
| City | Pathumtani | Bangkok | Sulzemoos | Bangkok | Bangkok |
| State/Province | - | Bangkok (Krung Thep Maha Nakhon) | Bayern | - | - |
| No. of Employees | 1,212 | - | 132 | 781 | 346 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Viset Choopiban | Chairman | Executive Board | 2017 | 76 |
| Sarath Ratanavadi | Chief Executive Officer; Director; Vice Chairman | Executive Board | 2017 | 56 |
| Yupapin Wangviwat | Chief Financial Officer; Director | Executive Board | 2018 | 52 |
| Porntipa Chinvetkitvanit | Deputy Chief Executive Officer; Director | Executive Board | 2017 | 59 |
| Boonchai Thirati | Deputy Cheif Executive Officer; Director | Executive Board | 2017 | 68 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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