Thai Oil PCL (BKK:TOP)
Thailand · Delayed Price · Currency is THB 47.25
-0.25 (-0.53%)
May 21, 2026, 11:25 AM ICT
Thai Oil PCL Earnings Call Transcripts
Fiscal Year 2024
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Q3 2027 saw a net loss of 4,218 million THB due to lower oil prices and weak refining margins, with improved utilization rates but continued market volatility. The Clean Fuel Project faced delays, and new product and market expansions are underway.
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Q2 2024 net profit was 5,547 million THB, supported by stock and bond buyback gains, despite lower GRM and core profit. Refinery utilization hit 111%, aromatics performed strongly, and clean fuel project progress reached 96.8%.