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Business News
27 February 2026

EGCO Group Reports Robust 2025 Performance with Profits Over THB 7 Billion, Propelling Sustainable Growth with a Strong Dividend Payout of THB 6.50 Per Share

Electricity Generating Public Company Limited or EGCO Group, has announced strong operating results for 2025, demonstrating resilience amidst global economic challenges. The company reported an operating profit including gains from asset divestments of THB 7,082 million. This growth was primarily driven by the outstanding performance of its infrastructure and utility business, notably CDI Group in Indonesia, hydropower projects in Lao PDR, and strategic expansions in the United States.

In light of these results, the Board of Directors has resolved to propose a final dividend of THB 3.25 per share for the second half of 2025. This brings the total annual dividend to 6.50 Baht per share, representing a 5.26% dividend yield. EGCO Group’s President underscored a unified workforce under the “ONE EGCO ONE GOAL” initiative, aiming to align collective efforts toward long-term corporate sustainability and consistent future returns.

A Successful Milestone in 2025

Mr. Tawatchai Sumranwanich, President of EGCO Group, stated, “2025 was a year that tested EGCO Group’s resilience in navigating geopolitical uncertainties, economic volatility, and regulatory changes. While the Thai economy faced headwinds from weakened private consumption - leading to lower domestic electricity demand - our solid foundation and strategic asset recycling policy enabled us to maintain consistent growth and generate strong cash flow.”

2025 Financial Highlights: Significant Growth

For the fiscal year 2025, EGCO Group recorded total revenue of THB 37,905 million. The company reported an operating profit of THB 4,439 million, which increases to THB 7,082 million when including gains from the divestment of shares in associates and subsidiaries. Net profit stood at THB 4,727 million. Key drivers of the outstanding operating profits include:

  • Energy-related business - Infrastructure & Utilities: Exceptional contributions from CDI Group in Indonesia.
  • Hydropower: Increased electricity sales from the Xayaburi power plant in Lao PDR, benefiting from favorable seasonal water inflows.
  • S. Expansion: Successful investment in a 49% stake in two renewable plants under the Pinnacle II Portfolio, which have a combined capacity of 251 MW and strong performance from APEX, a major renewable energy developer, which saw increased revenue from project sales.
  • Asset Recycling: Realized gains from the strategic divestment of the Risec power plant in the U.S. and the Boco Rock Wind Farm in Australia, aligning with the company’s portfolio optimization strategy.

Strong Dividend Payout Reflects Shareholder Confidence

Driven by its solid business fundamentals and robust operational performance, EGCO Group has maintained its capability for consistent dividend payments, which aligns with its policy of providing regular shareholder returns under the “POWER4” strategy. On 27 February 2026, the Board of Directors resolved to propose a final dividend from the second-half operational results of 2025 at a rate of THB 3.25 per share to the 2026 Annual General Meeting of Shareholders (AGM). Pending approval from the AGM, which is scheduled for 17 April 2026, the total dividend for the full year of 2025 will amount to THB 6.50 per share. This represents a dividend yield of 5.26%, with the dividend payment scheduled for 28 April 2026.

2026 Outlook: Advancing the “POWER4” Strategy and “ONE EGCO ONE GOAL” Concept

Looking ahead to 2026, Mr. Tawatchai emphasized that EGCO Group will be driven by the “POWER4” strategy and the “ONE EGCO ONE GOAL” concept. The company aims for sustainable growth while transitioning toward a low-carbon organization. The company anticipates continued growth supported by full-year revenue recognition from previous investments, including the Pinnacle II Portfolio and the increased 38% ownership stake in Linden Cogen. Additionally, key growth catalysts for the coming year include:

  • Rising Demand from AI and Data Centers: US-based power plants are expected to benefit from the surge in electricity demand driven by the expansion of Data Centers and AI industries.
  • Energy-related Business Expansion: Further growth is expected from the CDI Group in Indonesia.
  • Domestic Renewables: The company anticipates signing long-term Power Purchase Agreements (PPAs) for domestic renewable energy projects under the 2nd Round of RE Big Lot.
  • Strategic Acquisitions: EGCO Group continues to seek investment opportunities in high-quality gas-fired and renewable power plants, particularly in markets where it already has a strong foothold, such as the United States.

“I have full confidence in the “ONE EGCO” spirit to turn challenges into opportunities. We are not just looking at short-term success; our “ONE GOAL” is to achieve a sustainable balance - providing reliable energy to society while delivering consistent and secure returns to our investors,” Mr. Tawatchai concluded.

 

About EGCO Group

As of 27 February 2026, EGCO Group holds a total equity contracted capacity of 6,844 MWe, encompassing both operational plants and projects under construction. Its renewable energy portfolio stands at 1,545 MW (23% of total capacity), utilizing biomass, hydro, solar, wind, fuel cells, and battery energy storage systems (BESS). The company operates across seven countries: Thailand, Lao PDR, the Philippines, Indonesia, South Korea, Taiwan, and the USA. In addition to its power business, EGCO Group has other energy-related businesses including fuel and utilities infrastructure as well as customer solution and start-up businesses. The associated subsidiaries include EGCO Engineering and Service Co., Ltd. (ESCO) which provides power plant operations, maintenance, and engineering services, the infrastructure and utilities company CDI Group in Indonesia, Thai Pipeline Network Co., Ltd. (TPN), Innopower, which is a high-tech energy start-up incubator, and EGCO Rayong Industrial Estate (ERIE). Recognized for its sustainability leadership, EGCO Group has been included in the Dow Jones Sustainability Index (DJSI) for five consecutive years. Learn more about EGCO Group through our website at www.egco.com or on social media at www.facebook.com/EGCOGroup.