PWR

Builds and maintains power lines, utility systems and underground pipes and communications cables for power and telecoms companies. Revenue comes from construction contracts and long-term service agreements

Where the revenue comes from, and how much is left as profit (FY2025)

For every 100 dollars of sales: cost of sales 85 · operating expenses 9 · tax and other items 2 · leaving 4 as net profit

Investors in Thailand can buy PWR through 16 mutual funds open to retail investors. Most of them (16 funds) don't buy the stock themselves. Instead they invest in a master fund abroad, which in turn holds PWR.

Fund	PWR weight	How it invests	1-year return
ES-GRIDEastspring Smart Grid Infrastructure Fund	8.44%	Via GRID	N/A
LHGRIDLH GRID FUND	8.43%	Via GRID	N/A
A-GRIDAtrackers Smart Grid Fund	8.39%	Via GRID	N/A
KT-GRIDKTAM Smart Grid Equity Fund	8.32%	Via GRID	N/A
X-VOLTXSpring Electrification Equity Fund	5.44%	Via VOLT	N/A
DAOL-VOLTDAOL ELECTRIFICATION FUND	5.31%	Via VOLT	N/A
LHAI-INFRALH AI INFRASTRUCTURE FUND	4.86%	Via TCAI	N/A
DAOL-AIINFRADAOL AI INFRASTRUCTURE FUND	3.98%	Via TCAI	N/A
BCAP-CLEANBCAP Clean Innovation Fund	3.87%	Via several master funds	−8.70%
UAIPOWER-USDUnited USD AI Power Solution Fund	3.47%	Via Robeco Smart Energy	N/A

• KFCLIMARMFKrungsri ESG Climate Tech RMFRMFHolds PWR 2.05%
• KFCLIMASSFKrungsri ESG Climate Tech SSFSSFHolds PWR 2.02%
• PWINRMFPHILLIP WORLD INNOVATION RETIREMENT MUTUAL FUNDRMFHolds PWR 1.20%