Japan project hikes BCPG revenue 3.1%
BCPG, a clean energy producer, saw its nine-month revenue rise 3.1 per cent year on year to Bt2.32 billion after booking revenue earned in the third quarter from its Akita project in Japan.
The commercial supply of 8.8 megawatts from Akita in the quarter increased the five Japanese projects’ aggregate contracted capacity as of the end of the quarter to 19.5MW.
Management expects the company to complete the construction of Thai cooperatives’ solar power plants this quarter, with revenues from the plants beginning by early next year.
Impending commercial power supply from another Japanese project is also set to ensure that revenue continues to grow, Bundit Sapianchai, president and chief executive officer, said yesterday.
The company’s net profits topped Bt1.2 billion, thanks to revenue growth from projects in Japan coming on stream.
The five Japanese projects are in Kagoshima, Kumamoto, Miyazaki and Akita.
In Thailand, the aggregate 118MW contracted capacity of the solar power plants are expected to continue to generate regular and stable revenues.
