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[BUSINESS] · Thailand · 3 sources

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Gunkul Engineering completes 1.5 billion baht debenture sale

Gunkul Engineering Public Company Limited has successfully completed the sale of 1.5 billion baht in debentures. The bonds carry a fixed interest rate of 3.15% per annum with a maturity period of 2 years, 11 months, and 28 days.

CEO Naruchol Damrongpiyawut stated that the capital will support business development and continuous growth while maintaining financial discipline. The company aims to capitalize on Thailand’s potential to become a regional Green Digital Hub, driven by rising electricity demand from the digital industry and data centers, as well as government clean energy policies under the PDP2026 plan.

For the first half of 2026, Gunkul reported total revenue of over 5.4 billion baht, showing significant growth in both revenue and profit compared to the previous year. This growth was supported by its three core business segments: construction, electrical equipment manufacturing and distribution, and renewable energy power generation. The company currently holds an equity capacity of 2,101 megawatts and aims to reach 3,000 megawatts by 2030.

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Gunkul Engineering Public Company Limited · Naruchol Damrongpiyawut · TRIS Rating · Thailand