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Thailand’s Power Giant Sees Revenue Up 15% on New Plants, AI Bet
Source: Bloomberg
Company FundamentalsCorporate Guidance & OutlookTechnology & InnovationConsumer Demand & Retail
Gulf Development expects revenue growth of up to 15% this year, citing new power plants and rising contributions from its telecommunications and data-center businesses. The outlook suggests improving earnings momentum without specifying margin or profit metrics. Overall, the update is a modest positive driver for the company’s near-term fundamentals.
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