PTG Energy Plc reported first-quarter revenue from sales and services of 39 billion baht, up 20.8 per cent from a year earlier. Meanwhile, revenue from the firm’s non-oil business rose 44.1 per cent year-on-year to 1.8 billion baht, accounting for 4.6 per cent of total revenue. The first quarter saw EBITDA (earnings before interest, taxes, depreciation, and amortisation) at 1.26 billion baht and net profit of 163 million baht, a fall of 368 million baht YoY. PTG sold 1.264 million litres of diesel in Q1/2022 – a drop of 5.5 per cent YoY – but still maintained the second-highest market share. Meanwhile, PTG sales of LPG rose 69.2 per cent to 106 million litres.

Source: The Nation Bangkok May 24, 2022 07:19 UTC