Strong hydropower performance supports growth despite the dry season, while enhanced water forecasting strengthens El Niño preparedness.
CK Power Public Company Limited (SET: CKP), one of the region’s largest producers of electricity from renewables with one of the lowest carbon footprints, reported continued growth in its CKPower’s Q1/2026 operating performance, with core net profit of THB 115.9 million, representing an increase of THB 52.5 million, or 82.9% compared to the same period last year.River with some returns
The growth was primarily driven by the strong performance of both two main hydroelectric power plants of the Company. The Company recognized a share of core net profit of Xayaburi Power Company Limited (XPCL) amounting to Baht 198.6 million, an increase of Baht 190.7 million year-over-year. This was mainly attributable to higher water inflow through the Xayaburi Hydroelectric Power Plant compared to the same period last year, resulting in increased electricity sales volume. In addition, XPCL benefited from lower financial costs following the gradual repayment of long-term loans and the decline in interest rates in line with the global interest rate trend.
In addition, Nam Ngum 2 Power Company Limited (NN2) reported an improved performance, driven by higher electricity sales year-over-year. This was supported by higher reservoir water levels at the beginning of 2026, as well as increased water inflows during the first quarter of 2026. As a result, CKPower’s overall performance in the first quarter of this year continued to grow steadily, despite the dry season.
