BGRIM Q3 2026 Net Profit Rises 61% to 841 Million Baht

Thansettakij•Economy•12m ago

Reader Briefing

B.Grimm Power reported a significant increase in Q3 2026 net profit and revenue driven by higher electricity sales and non-cash items.

•B.Grimm Power's Q3 2026 net profit for the parent company rose 61.4% to 841 million baht.
•Revenue for Q3 2026 increased by 21.6% to 16,233 million baht.
•The company acquired 51% of Aruna X Holdings Co., Ltd. in July 2026 and 75% of PV Unity Solar Co., Ltd. in September 2026.
•B.Grimm Power plans to expand into renewable energy projects under the new PDP 2026.

•B.Grimm Power reported Q3 2026 revenue of 16,233 million baht and EBITDA of 3,948 million baht.
•B.Grimm Power's net profit increase to 841 million baht was primarily supported by non-cash items, including unrealized gains from financial asset valuation and unrealized FX losses.
•Total electricity sales volume for B.Grimm Power increased by 2.2% to 3,986 gigawatt-hours in Q3 2026.
•B.Grimm LNG Co., Ltd. imported two LNG shipments totaling approximately 86,000 tons into the Pool Gas system in Q3 2026.
•B.Grimm Power Future Solution Co., Ltd. acquired 51% of Aruna X Holdings Co., Ltd. in July 2026 and 75% of PV Unity Solar Co., Ltd. in September 2026.
•The Energy Policy and Planning Office opened public hearings for the draft Power Development Plan 2026 (PDP 2026) on September 8, 2026.
•B.Grimm Power targets adding 20-30 megawatts of new Industrial User (IU) customers and expects 4 projects to start commercial operation (COD), including Zhongce Rubber, Nakwol 1, and Huong Hoa 1.

Full article content is available on the original source.

B.Grimm Power(บี.กริม เพาเวอร์)

A power company that reported a 61.4% increase in Q3 2026 net profit.

Electricity Generating Authority of Thailand(การไฟฟ้าฝ่ายผลิตแห่งประเทศไทย)ℹ️

A primary customer group of B.Grimm Power.

B.Grimm LNG(บี.กริม แอลเอ็นจี)

A company that imported LNG into the Pool Gas system for B.Grimm Power's plants.

B.Grimm Power Future Solution(บี.กริม เพาเวอร์ ฟิวเจอร์ โซลูชั่น)

A wholly-owned subsidiary of B.Grimm Power that acquired shares in Aruna X Holdings and PV Unity Solar.

Aruna X Holdings(อรุณา เอ็กซ์ โฮลดิ้งส์)

A company in which B.Grimm Power Future Solution acquired a 51% stake.

PV Unity Solar(พีวี ยูนิตี้ โซล่าร์)

A company in which B.Grimm Power Future Solution acquired a 75% stake from Powerwalt (Thailand) Co., Ltd.

Powerwalt (Thailand)(พาวเวอร์วอลท์ (ประเทศไทย))

The seller of shares in PV Unity Solar Co., Ltd.

Energy Policy and Planning Office(สำนักงานนโยบายและแผนพลังงาน)

The agency that conducted public hearings for the draft PDP 2026.

Energy Regulatory Commission(สำนักงานคณะกรรมการกำกับกิจการพลังงาน)

An agency pushing for Direct PPA and Third Party Access criteria.

Ministry of Energy(กระทรวงพลังงาน)ℹ️

The ministry pushing for Direct PPA and Third Party Access criteria.

Zhongce Rubber

A rooftop solar project in Amata City Industrial Estate, Rayong.

Nakwol 1

An offshore wind power project.

Huong Hoa 1

An onshore wind power project.

Siriwong Bawornbunruthai(ศิริวงศ์ บวรบุญฤทัย)

Chief Financial Officer of B.Grimm Power Public Company Limited.

Power Development Plan 2026(แผนพัฒนากำลังผลิตไฟฟ้าของประเทศไทย พ.ศ. 2569 – 2593)

The national power development plan (PDP 2026) currently under consideration.

Rayong(ระยอง)ℹ️

The province where the Zhongce Rubber solar project is located.

Philippines(ฟิลิปปินส์)ℹ️

A location of B.Grimm Power's renewable energy projects.