PTT Oil and Retail Business - 1Q25 Outstanding Earnings as Expected
1Q25 profit was outstanding (with strong margins across all business segments and lower SG&A expenses, despite a QoQ decline in oil sales volume...
414 Views
Ptt Oil and Retail Business - Expect Solid 1Q25E Earnings but Challenges in Remaining Quarters
We expect robust 1Q25E profit (with improved margins across all business segments and lower SG&A expenses, despite a QoQ decline in oil sales...
256 Views
Ptt Oil and Retail Business -In-Line 4Q24/2024 Earnings
We maintain our 2025-26E earnings forecasts and expect the firm to close the earnings gap by 2026E, with 2Y core EPS growing at a 13% CAGR (in line...
205 Views
Ptt Oil and Retail Business - 4Q24E Earnings Recovery
4Q24E profit is expected to recover YoY and QoQ. We have revised down our 2025-26E net profit estimates by 17%, reflecting a more conservative GP...
305 Views
Ptt Oil and Retail Business - Larger-Than-Expected Net Loss Due to Seasonal and Specific Factors
We maintain our 2024-26E earnings forecasts, expecting a QoQ recovery in 4Q24E and strong core profit growth at a 28% CAGR in 2025- 26E, driven by...
491 Views