Ptt Oil and Retail Business - Strong 1Q24 Earnings QoQ Thanks to All Businesses
The 1Q24 core profit grew strongly QoQ, driven by all businesses (accounting for 26% of the full-year forecast). The momentum should continue in...
236 Views
Ptt Oil and Retail Business -Strong 1Q24E Earnings Prospects
We expect OR to commence the year with a strong 1Q24E net profit of Bt4.2bn, marking a 40% YoY increase and a substantial 20.6x QoQ growth.
134 Views
Ptt Oil and Retail Business - Downbeat 4Q23 NP
Furthermore, the contributions from the lifestyle and global businesses are expected to bolster earnings over the next 3-4 years.
213 Views
Earnings Review - PTT Oil and Retail Business (OR)
We expect OR to deliver a 2Q23E NP of Bt2.77bn (-58% YoY, -7% QoQ). Its earnings may have been pressured on a YoY basis by the mobility business
174 Views
Energy (Upstream-Downstream) - Weak 2Q24E Earnings for Refineries
Refinery stock prices have already reflected weaker refining margins and operating performance trends anticipated for 2Q24E.
193 Views