Gulf Development Public Company Limited is a holding company that invests in a diversified portfolio including conventional and renewable power generation, natural gas supply and distribution, infrastructure development, and digital businesses. It develops and manages gas-fired, solar, wind, hydroelectric, biomass, and waste-to-energy projects. The company is headquartered in Bangkok, Thailand, and was founded in 2007.
GULF’s 1Q25 net profit was in line with expectations and core profit grew strongly both YoY and QoQ, signaling that GULF’s 1Q25 pro forma financial...