Thailand · Delayed Price · Currency is THB PTT Global Chemical PCL Earnings Call Transcripts
Fiscal Year 2025
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Q1 2025 saw improved EBITDA driven by olefins, while aromatics margins declined due to tariffs and weak demand. Asset monetization and cost-saving initiatives are on track, with ฿800 million realized and a full-year target of ฿5,500 million.
Fiscal Year 2024
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Competitiveness in MEG, PVC, PTA, and polyethylene is shaped by utilization rates and supply chain optimization, with digitalization playing a key role.
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Q3 2027 saw revenue and EBITDA declines quarter-on-quarter, but 9M 2024 results were resilient year-over-year. Major impairments were booked for Vinythai Collect and PTT Asahi, while cost-saving and portfolio restructuring initiatives are underway.
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Q2 saw year-over-year growth in revenue, EBITDA, and net profit, driven by higher oil prices and improved specialty chemical performance. Debt reduction and positive free cash flow strengthened the balance sheet, while strategic focus remains on specialty chemicals, sustainability, and portfolio optimization.