The Company’s shares commenced trading on the Stock Exchange of Thailand (SET) on July 19, 2017, under the stock ticker "BGRIM". It is listed under the Resources industry group, Energy & Utilities sector.
BGRIM generates and sells electricity and steam to two main customer segments:
- State-Owned Off-takers: Such as the Electricity Generating Authority of Thailand (EGAT), Provincial Electricity Authority (PEA), and Metropolitan Electricity Authority (MEA), and state-owned offtakers in overseas under long-term Power Purchase Agreements (PPAs), contributing to approximately 70% of total revenue.
- Industrial Users (IUs): Industrial factories located in leading industrial estates across Thailand and internationally, including Vietnam.
BGRIM aims to achieve a cumulative installed capacity of 10,000 MW by 2030 and is committed to reaching Net Zero Carbon Emissions by 2050. The company focuses on expanding its clean energy portfolio and smart energy solutions both domestically and globally, including investments in the USA, Malaysia, and South Korea.
The Company’s fiscal year begins on January 1 and ends on December 31 of each year. Quarterly financial statements are released within 45 days from the end of each quarter, and annual financial statements are released within 60 days from the fiscal year-end via the SET portal and BGRIM’s IR website.
The key drivers include 1) natural gas prices, which represent the primary fuel cost for combined-cycle plants, 2) the fuel tariff (Ft) rate and electricity price structures regulated by the government, and 3) electricity and steam demand from Industrial Users (IUs). Additionally, foreign exchange (FX) fluctuations can impact net profits due to outstanding foreign-currency-denominated debts and transactions.
BGRIM has a policy to pay dividends of no less than 50% of its consolidated Normalised Net Profit after corporate income tax and statutory reserves. Dividends are typically paid twice a year: an interim dividend (for the first half-year performance) around September, and an annual dividend (for the second half-year performance) around May.
The largest shareholder group is the B.Grimm Group (including direct shareholdings by Dr. Harald Link). The minor shareholder proportion (Free Float) ranges between 31% and 38% (based on the latest book closing date), which fully complies with the SET listing requirements.
This information can be directly accessed on BGRIM’s Investor Relations website under the "Shareholder Information" section or through the SET website (www.set.or.th) by searching for the ticker "BGRIM".
Yes, the Company periodically issues and offers debentures (including subordinated perpetual bonds) to fund its business expansion. Investors can check the credit ratings, outstanding amounts, maturity dates, and coupon rates of each debenture series under the "Debentures" section on BGRIM’s IR website.
Investors can contact the Investor Relations team through the following channels:
Address: Dr. Gerhard Link Building, No. 5 Krungthepkreetha Road, Huamark, Bangkapi, Bangkok 10240, Thailand
Tel: +66 (0) 2710 3528
Email: IR@bgrimmpower.com
Alternatively, inquiries can be submitted via the "Information Inquiry Form" on the IR website.