Showing 1 - 6 of 6
Bangchak Reports Record Revenue, Doubling Synergy Target
Published on 21/02/2025
» Bangchak Group reported its 2024 operating results, achieving a record high in revenue from sales and services. Total revenue reached THB 589,877 million, reflecting growth of over 53% from the previous year, with an EBITDA of THB 40,409 million. The company also recorded an all-time high in both revenue and total sales volume, reaching 13.8 billion litres. Additionally, synergy recognition amounted to THB 6,071 million, more than double the target. This resulted in a total profit attributable to owners of the parent of THB 2,184 million, equivalent to earnings per share of THB 1.30.
Thailand Advances Carbon Tax Awareness with Strategic Partnership
Published on 03/02/2025
» The Ministry of Finance, through the Excise Department, has partnered with the Faculty of Economics at Chulalongkorn University, PTT Oil and Retail Business Public Company Limited (PTTOR), and Bangchak Corporation Public Company Limited to drive awareness of carbon taxation and encourage sustainable energy practices. A memorandum of understanding (MOU) was signed on 3 February 2025 at PTT and Bangchak service stations on Vibhavadi Rangsit Road to kickstart this initiative.
Bangchak Sriracha Reports THB 1,077m H1 Profit
Published on 07/08/2024
» Bangchak Sriracha Public Company Limited (BSRC) reported its first-half 2024 performance, with total revenue from sales and services of THB 129,631 million, EBITDA of THB 3,604 million, and a profit of THB 1,077 million, equivalent to earnings per share of THB 0.31. The refinery business set a new record with a consistently high refining utilisation of 154,900 barrels per day in May and an average of 152,200 barrels per day during the first half. Total sales volume reached 4,745 million litres, a 16% increase from the previous year.
CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.