Sermsang Power Corporation Management

Management criteria checks 2/4

Sermsang Power's CEO is Varut Tummavaranukub, appointed in Oct 2015, has a tenure of 8.92 years. directly owns 1.24% of the company’s shares, worth THB100.41M. The average tenure of the management team and the board of directors is 7.4 years and 8.9 years respectively.

Key information

Varut Tummavaranukub

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	8.9yrs
CEO ownership	1.2%
Management average tenure	7.4yrs
Board average tenure	8.9yrs

Recent management updates

Recent updates

CEO

Varut Tummavaranukub (42 yo)

8.9yrs

Tenure

Mr. Varut Tummavaranukub has been Chief Executive Officer and Executive Director at Sermsang Power Corporation PCL since October 28, 2015, was Chief Operating Officer (Acting Officer) since October 13, 201...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Varut Tummavaranukub	CEO & Executive Director	8.9yrs	no data	1.24% THB 100.4m
Thantaporn Kraipisitkul	Deputy CEO & Director	7.4yrs	no data	6.89% THB 557.0m
Tanawat Kraipisitkul	Senior VP of Business Development & Director	8.9yrs	฿380.00k	1.55% THB 125.0m
Chayut Leehacharoenkul	Chief Financial Officer	2.4yrs	no data	no data
Passakorn Panyaratanakorn	Chief Operating Officer	2.2yrs	no data	no data
Phonkamon Hongwilai	Assistant Vice President of Accounting & Treasury	7.3yrs	no data	no data
Sarmornmart Chaiphatikarn	Company Secretary	8.9yrs	no data	no data

7.4yrs

Average Tenure

40yo

Average Age

Experienced Management: SSP's management team is seasoned and experienced (7.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Varut Tummavaranukub	CEO & Executive Director	8.9yrs	no data	1.24% THB 100.4m
Thantaporn Kraipisitkul	Deputy CEO & Director	9.3yrs	no data	6.89% THB 557.0m
Tanawat Kraipisitkul	Senior VP of Business Development & Director	8.9yrs	฿380.00k	1.55% THB 125.0m
Samrieng Mekkriengkrai	Independent Director	8.9yrs	฿528.00k	0.032% THB 2.6m
Dhana Bubphavanich	Independent Director	8.9yrs	฿500.00k	no data
Kamthon Wangudom	Independent Chairman	7.5yrs	฿584.00k	0.011% THB 865.4k
Thanyanee Kraipisitkul	Director	no data	฿360.00k	no data
Phairat Phoubon	Independent Director	3.9yrs	฿360.00k	no data
Monchai Phongsathabodee	Independent Director	3.9yrs	฿360.00k	no data

8.9yrs

Average Tenure

56yo

Average Age

Experienced Board: SSP's board of directors are considered experienced (8.9 years average tenure).

Sermsang Power Corporation Management

Management criteria checks 2/4

Key information

Recent management updates

Sermsang Power Corporation Public Company Limited Announces the Resignation of Mr. Viwat Kraipisitkul as Director, Chairman of the Executive Committee, and Member of the Nomination and Remuneration Committee

Sermsang Power Corporation Public Company Limited, Annual General Meeting, Apr 26, 2024

Insufficient new directors

Sermsang Power Corporation Public Company Limited Appoints Chayut Leehacharoenkul as CFO

Sermsang Power Corporation Public Company Limited, Annual General Meeting, Apr 28, 2021

Recent updates

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates fall by 19%

First quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.17 in 1Q 2023)

Sermsang Power Corporation Public Company Limited Approves Dividend for the Year 2023

Sermsang Power Corporation Public Company Limited Announces the Resignation of Mr. Viwat Kraipisitkul as Director, Chairman of the Executive Committee, and Member of the Nomination and Remuneration Committee

Dividend of ฿0.10 announced

Sermsang Power Corporation Public Company Limited, Annual General Meeting, Apr 26, 2024

Full year 2023 earnings released

Price target increased by 12% to ฿11.40

Investor sentiment improves as stock rises 15%

Third quarter 2023 earnings released: EPS: ฿0.16 (vs ฿0.20 in 3Q 2022)

Insufficient new directors

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: ฿0.17 (vs ฿0.44 in 2Q 2022)

Upcoming dividend of ฿0.061 per share at 2.9% yield

Price target decreased by 9.4% to ฿13.53

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

Price target decreased to ฿14.87

Upcoming dividend of ฿0.20 per share

Second quarter 2022 earnings: EPS misses analyst expectations

Sermsang Power Corporation Public Company Limited Announces Cash Dividend for the Period from January 1, 2022 to June 30, 2022, Payable on September 09, 2022

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of ฿0.011 per share

Sermsang Power Corporation Public Company Limited Appoints Chayut Leehacharoenkul as CFO

Price target decreased to ฿17.33

Full year 2021 earnings: EPS misses analyst expectations

Sermsang Power Corporation Public Company Limited Proposes Dividend for 2021, Payable on May 25, 2022

Third quarter 2021 earnings released: EPS ฿0.28 (vs ฿0.22 in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.24 (vs ฿0.15 in 2Q 2020)

Investor sentiment improved over the past week

Price target increased to ฿15.00

Sermsang Power Corporation Public Company Limited Announces Dividend for 2020, Payable on May 28, 2021

First quarter 2021 earnings released: EPS ฿0.20 (vs ฿0.21 in 1Q 2020)

Sermsang Power Corporation Public Company Limited Approves Dividend for the Year 2020

Upcoming dividend of ฿0.011 per share

Analysts lower EPS estimates to ฿0.90

Investor sentiment deteriorated over the past week

Revenue and earnings miss expectations

Sermsang Power Corporation Public Company Limited, Annual General Meeting, Apr 28, 2021

New 90-day high: ฿15.40

Investor sentiment improved over the past week

New 90-day high: ฿12.40

New 90-day high: ฿11.50

Analysts update estimates

Market bids up stock over the past week

Market bids up stock over the past week

Market bids up stock over the past week

Market bids up stock over the past week

Revenue and earnings beat expectations

New 90-day high: ฿7.95

New 90-day low: ฿6.85

Upcoming Dividend of ฿0.11 Per Share

New 90-day low - ฿7.20

Earnings released

New 90-day high - ฿7.90

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age