PTT OIL AND RETAIL BUSINESS Plc. (OR): 2Q26 Results Swung to a Net Loss; Earnings Likely Bottomed – Neutral (12M FWD Fair Value Bt13.50)
2Q26 results swung to a net loss of Bt1.78bn (below both our and the market's expectations), weighed down by combined stock losses and NRV...
112 Views
PTT OIL AND RETAIL BUSINESS Plc. (OR): 2Q26E Expected to Swing to a Net Loss
We expect 2Q26E to mark a net loss of Bt1.3bn, weighed by lower GP/liter, reflecting stock losses and NRV, as well as weaker oil sales volumes in...
100 Views
PTT OIL AND RETAIL BUSINESS Plc. (OR): Solid 1Q26E NP, With Stock Gains As Key Drivers
We expect 1Q26E net profit to remain strong, supported by oil stock gains and robust growth in oil sales volume and Café Amazon cups sold, driven...
112 Views
PTT Oil And Retail Business Plc (OR): Acquiring A 55.41% Stake In Thai Pipeline Network...
We view the investment in TPN as a strategic asset that enhances the longterm competitiveness of OR’s mobility business, particularly in the...
140 Views
PTT OIL AND RETAIL BUSINESS Plc. (OR): 4Q25E Down QoQ (Lifestyle/Global) And YoY (Mobility)
We expect 4Q25E core/net profit to decline QoQ due to thinner EBITDA margins in Lifestyle business, continued losses in Cambodia, and impairment...
134 Views