WP Energy income set to increase by 9.4%

released : 12 Jun 2023 at 19: 21 A LPG filling factory ran by WP Energy Plc. The domestic rate of LPG is presently 423 baht for a 15-kilogramme cylinder. (Photo: WP Energy Plc) WP Energy Plc, Thailand’s second-largest melted petroleum gas (LPG) trader by sales volume, anticipates profits to boost by 9.4% to 17 billion baht this year, up from 15.5 billion baht in 2022, though the federalgovernment’s LPG rate aid is setup to end at the end of this month. The domestic rate of LPG is presently 423 baht for a 15-kilogramme cylinder, compared with the market cost of 466 baht per cylinder, according to the Oil Fuel Fund Office. Without the aid, individuals have to pay more to buy LPG, which can be utilized as cooking gas. WP Energy is upbeat about the LPG service, thinking its sales will grow by 7.3% to 800,000 tonnes in 2023, with 775,000 tonnes offered locally and the rest exported to foreign nations. Chomkamol Poompanmoung, chief executive
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