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Bangkok Post
Bangkok Post
Business

Gulf profits increase 37% to B12.1bn in 2022

Gulf InTouch Yupapin Wangviwat Advanced Info Service Gulf Energy Development Plc
The Gulf Sriracha power plant in Chon Buri's Sri Racha district is among the firm's key revenue drivers.

Gulf Energy Development Plc posted revenue growth of 92% to 101 billion baht last year, driven by earnings from its power generation facilities, divestment and InTouch Holdings Plc, the parent firm of telecom operator Advanced Info Service (AIS).

The company, InTouch's biggest shareholder, recorded 52.8 billion baht in revenue in 2021.

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