PTT Oil and Retail Business (OR) announced its Q1 2024 financial results, achieving a net profit of 2,415 million baht and an EBITDA of 5,009 million baht, marking significant improvements from the prior quarter. This performance was driven by increased oil sales volumes in its Mobility segment and effective cost management across its business groups.
The positive results demonstrate OR's resilience despite declining global oil prices impacting sales revenue. Growth in key segments like PTT Station, Café Amazon, and international operations underscores the company's diversified strategy and operational efficiency.
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