PTT Oil and Retail Business (OR) announced its financial results for the first quarter of 2026, reporting a 13.2% increase in sales and services revenue to 176.125 billion baht and a net profit of 2.415 billion baht.
The strong performance was driven by higher oil sales volumes and global oil prices, despite challenges from domestic price stabilization measures and hedging losses. OR's robust financial position and market leadership in Thailand's petroleum products and lifestyle businesses were reaffirmed by its "AA+" credit rating.
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