bullish

PTT E&P

PTTEP: Hedging Loss Dragged 1Q22 Net Profit

283 Views29 Apr 2022 09:33
Broker
PTTEP reported 1Q22 net profit of Bt10.5bn (-9.0%YoY, Flat QoQ). Despite significant growth in sales volume and product selling price, the net profit was dragged by a higher hedging loss of US$240m.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 15-minute read)
Discussions
(Paid Plans Only)
chart-bar
x