An average PTT gas station’s revenue comes mainly from selling oil products, but nonoil business contributes about 5060 per cent of total profit, Suchat said. PTT is now selecting a hotel partner to operate budget hotels at PTT stations. The Cafe Amazon coffee brand, owned by PTT, recently gained popularity due to its perceived value for money relationship in comparison to other brands. Now Cafe Amazon coffee has spread to department stores, community malls and other prime locations nationwide. PTT is negotiating with a Chinese businessman who wants rights to the Cafe Amazon coffee brand in Shanghai, said PTT executives.

Source: The Nation Bangkok October 22, 2017 18:11 UTC