PTT Oil and Retail Business Posts Record Q1 2025 Profit, Extends Regional Growth with ESG-Led Expansion
The company posted THB 182.4 billion in revenue for the quarter, with net profit rising to THB 4.38 billion—a 46% increase from the previous quarter and 17.6% higher year-on-year. EBITDA climbed to THB 6.48 billion, up 32.7% quarter-on-quarter and 5.0% year-on-year, driven by gains in its Global and Lifestyle businesses alongside cost discipline and margin improvements in key segments.
Higher gross profit per liter and operational efficiency, particularly in Laos, the Philippines, and Cambodia, helped lift EBITDA by THB 311 million compared to the same period last year. Consumer resilience and sharper cost control also buoyed margins in OR's Lifestyle segment. While Mobility margins were pressured by softer spreads—especially in aviation fuel—overall performance held firm on reduced personnel and outsourcing costs.
Equity investment gains added THB 657 million, contributing to the bottom line and further affirming the group's diversified growth engine.
"This quarter's performance reflects the resilience of our business model and the clarity of our long-term direction," said M.L. Peekthong Thongyai, Chief Executive Officer of OR. "We are expanding with purpose—delivering value for people, prosperity for communities, and care for the planet."
At the center of that strategy is OR's People-Performance-Planet framework, which underpins its approach to investment, innovation, and regional growth.
The expansion of EV Station PluZ, now present in all 77 provinces of Thailand, underscores the company's commitment to clean mobility. At the same time, OR's signature brand Café Amazon continues to scale across Southeast Asia, with 391 outlets outside Thailand and over 112 million cups sold in Q1 alone.
OR's Global Business segment reported a 30.8% year-on-year increase in sales volume, with EBITDA rising 81.5%. The company now operates 415 PTT Stations and 391 Café Amazon outlets across Asia, including Cambodia, Laos, Philippines, Vietnam, Malaysia, Oman, Saudi Arabia, Bahrain, and Japan
"This isn't just about selling fuel or coffee," Peekthong said. "It's about building platforms that empower local economies, foster entrepreneurship, and deliver long-term, sustainable growth."
The strategy echoes OR's "They Grow, We Grow" philosophy, which emphasizes empowering local partners as the foundation of international expansion.
Outside the energy sphere, OR continues to sharpen its lifestyle and digital businesses. Non-oil operations contributed 27.5% of Q1 EBITDA, led by strong performance in retail, food & beverage, and franchising. The company is also investing in circular economy models, digital platforms, and sustainable products to reinforce long-term value creation.
Looking ahead, OR is positioning for entry into the virtual banking sector, leveraging its wide-reaching commercial network and extensive customer database to offer personalized, accessible financial services. The move is seen as a natural extension of its strategy to become a daily-life platform for consumers.
The company's financial health remains solid. TRIS Rating reaffirmed OR's corporate credit rating at AA+ with a stable outlook for the third consecutive year, reflecting both financial discipline and strategic continuity.
Armed with that momentum, OR is pushing deeper into ASEAN and new frontier markets through a blend of organic expansion, joint ventures, and strategic alliances. The ambition to transform from a national champion into a future-ready regional enterprise at the nexus of energy, retail, and sustainability.
Hashtag: #OR
The issuer is solely responsible for the content of this announcement.
About OR
PTT Oil and Retail Business Public Company Limited (OR) is a leading Thai energy and retail company with operations across 10 countries. OR operates through four core business groups: Mobility Business, providing energy solutions via PTT Station, PTT Lubricants, PTT LPG, and EV Station PluZ; Lifestyle Business, featuring Café Amazon, one of Asia's largest coffee chains, along with convenience stores and space management; Global Business, driving international growth with over 415 PTT Stations and 391 Café Amazon outlets; and OR Innovation Business, developing new ventures and sustainable solutions through technology and innovation.
PTT Oil and Retail Business Public Company Limited (OR)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
an hour ago
- Zawya
Arrow Electronics Launches Engineering Solutions Center to Support Tech Innovation Across India and Southeast Asia
BANGALORE, INDIA - Media OutReach Newswire - 9 July 2025 - Arrow Electronics, a global provider of technology solutions, today announced the launch of its new Engineering Solutions Center(ESC) in Bangalore, India. This expansion reinforces Arrow's commitment to making critical technologies such as AIoT, edge computing, intelligent sensing more accessible, while strengthening the engineering capabilities of domestic technology manufacturers across key sectors including industrial, automotive and transportation, energy management, and aerospace and defense in India, Southeast Asia, South Korea, and Japan. India and several Southeast Asian countries are rapidly emerging as pivotal hubs for technology manufacturing, driven by global supply chain diversification and supportive domestic policies. The newly established India ESC is designed to help innovators and technology manufacturers adopt advanced technologies such as edge computing, energy management, automation, and e-mobility. The center aims to accelerate the development and deployment of next-generation intelligent and connected products—bringing them to market faster and more cost-effectively. "Innovators across the region often face challenges in adopting cutting-edge electronic components and software technologies due to limited in-house engineering capabilities for rapid product development," said Dr. Raphael Salmi, president of Arrow Electronics' components business for South Asia, Korea, and Japan. "By leveraging our global network of resources, deep engineering expertise, and strong local presence, Arrow acts as a trusted technology partner—bridging the gap between innovation and execution." Arrow's ESC offers comprehensive design engineering expertise across every stage of the product development lifecycle. Staffed by a sizable team of highly skilled application engineers with deep expertise in embedded software, wireless connectivity, power and analog technologies, and IP&E (Interconnect, Passive & Electromechanical) components, the center provides tailored engineering support to accelerate innovation and reduce time to market. Key areas of support include: Component Engineering: Expert guidance on technology selection for MCU/MPU/FPGA, SoC, wireless connectivity, power & analog , and IP&E components System Engineering: In-depth system-level design reviews, block diagram validation, and bill-of-materials (BOM) optimization Reference Design Solutions : Serve as a technical backbone by offering system level reference design to accelerate customer's time-to-market and enhancing customers confidence in designing our products. The resources also encompass in-market expertise, technical training, ready-to-use software, component samples, along with world-class supply chain services—all aimed at accelerating the journey from ideation to design to impact. For more information, visit: Hashtag: #ArrowElectronics The issuer is solely responsible for the content of this announcement. About Arrow Electronics Arrow Electronics (NYSE:ARW) sources and engineers technology solutions for thousands of leading manufacturers and service providers. With global 2024 sales of $28 billion, Arrow's portfolio enables technology across major industries and markets. Learn more at Arrow Electronics
Zawya
14 hours ago
- Zawya
Thai exports could take $27bln hit from US tariffs, industry group says
The Federation of Thai Industries on Tuesday estimated that damage to Thai exports could reach 800 billion to 900 billion baht ($24.5 billion to $27.6 billion) from U.S. tariffs of 36%, slated to start in August. (Reporting by Chayut Setboonsarng and Orathai Sriring; Editing by Martin Petty)
Zawya
21 hours ago
- Zawya
Jane Street to challenge India ban, says it engaged in basic arbitrage
BENGALURU: Jane Street has told staff it will contest a ban by India's financial regulator which has accused the U.S. high-frequency trading giant of market manipulation, adding that its practices in question were "basic index arbitrage trading". Jane Street said it was "beyond disappointed" by what it called "extremely inflammatory" accusations from the Securities and Exchange Board of India (SEBI) and is working on a formal response, according to an internal email sent to employees over the weekend that was seen by Reuters. The email did not elaborate on the potential action that Jane Street might take. SEBI on Friday barred the firm from buying and selling securities in the Indian market and seized $567 million of its funds. "The order clearly lays out SEBI's prima facie case and addresses all relevant areas and questions," SEBI said in an official comment to Reuters. At this stage, we have nothing to add to what is already contained, explained, and reasoned in that order, SEBI added. SEBI in its order had alleged that Jane Street bought large quantities of constituents in India's Bank Nifty index in the cash and futures markets to artificially support the index in morning trade, while simultaneously building large short positions in index options which were exercised or allowed to expire later in the day. The regulator, which tracked Jane Street's trading patterns for more than two years, has also widened its investigation to include other indexes and exchanges, a source has said. Over the past three years, India's derivatives market has had explosive growth as retail investors swarmed in and is now the world's largest. But that has also led to losses for many ordinary investors, which has become a concern for regulators. In its email, Jane Street said arbitrage trades were "a core and commonplace mechanism of financial markets that keeps the prices of related instruments in line." SEBI's order that this activity is "prima facie manipulative" disregards the role of liquidity providers and arbitrageurs in markets, Jane Street added. SEBI did not respond to Reuters' requests for comment. The proprietary trading firm also took issue with SEBI's claims that it had failed to respond adequately to the regulator's concerns, saying the firm's executives had met with regulators and exchange officials multiple times. "Once again, we left this process feeling that we had reached an understanding of the concerns and reflected them in modifications to our trading behaviour." "Since February, we have made ongoing efforts to communicate with SEBI and have been consistently rebuffed," the email said. India accounted for roughly 60% of global equity derivative trading volume in May, according to the Futures Industry Association. Data out on Monday showed that equity derivative losses for India's retail traders widened by 41% to 1.06 trillion Indian rupees ($12.4 billion) in the financial year that ended in March. SEBI Chairman Tuhin Kanta Pandey also said on Monday that the regulator was enhancing its surveillance to scrutinise manipulation in derivatives trading, but added that there may not be many more cases like Jane Street. Other overseas proprietary trading firms that are active in India include Citadel Securities, IMC Trading, Millennium and Optiver.
