Ratchaburi anticipates increased 2011 net profit

Thai Ratchaburi Electricity Generating Holding expects higher 2011 net profit than last year due to more power plants.

Company president Noppol Milinthanggoon added that it  reporters, adding it would also depend on power usage in the fourth quarter after flooding in Thailand

The company plans to spend 12 billion baht or US$389.6 million next year for continuing investment projects and mergers. including the purchase of two power plants overseas in 2012

The company posted a 1.95 percent drop in third-quarter net profit to 1.23 billion baht.

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