Latest news with #CaféAmazon
The Sun
6 days ago
- Business
- The Sun
PTT Oil and Retail Business Posts Record Q1 2025 Profit, Extends Regional Growth with ESG-Led Expansion
BANGKOK, THAILAND - Media OutReach Newswire - 8 July 2025 - PTT Oil and Retail Business Public Company Limited (OR), the retail and lifestyle arm of Thailand's PTT Group, reported record earnings for the first quarter of 2025, signaling strong momentum from its cross-border expansion and ESG-driven strategy across energy and lifestyle verticals. 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.
Zawya
02-03-2025
- Business
- Zawya
Oman Oil Marketing Company opens three new Café Amazon branches and renovates the Ahlain store in Bousher
Muscat, Oman – As part of its efforts to enhance customer experience and elevate retail services at Oman Oil fuel stations, Oman Oil Marketing Company has opened three new Café Amazon branches in Bousher, Al Khuwair 33, and Al Amerat Heights, along with the renovation of an Ahlain store in Bousher. A formal inauguration ceremony was held on 24 February to mark the opening of the new Café Amazon branches and the renovated Ahlain store in Bousher. This initiative reflects the company's commitment to providing a fully integrated service station that caters to the needs of motorists. With the opening of the new three Café Amazon branches, the total number of outlets in Oman has risen to 15, including 13 in Muscat Governorate and two in strategic locations in Dhofar Governorate. This expansion aligns with the ongoing growth of the Ahlain convenience store network, which now comprises 58 stores across various governorates and wilayats of Oman. Ten of these stores have undergone comprehensive renovations, introducing a modern design that meets customer expectations, with further upgrades planned throughout the year. Oman Oil fuel stations are designed in line with Oman Oil Marketing Company's vision to expand its service offerings, providing motorists with a fully integrated experience beyond fuel services. These stations offer a diverse selection of beverages, snacks, essential products, and accessories, ensuring a comprehensive and high-quality shopping experience. On this occasion, Mr. Hussain Al Ishaqi, GM National Retail, stated: 'Our strategy is always centred on enhancing the customer experience and delivering the best possible services. The expansion of Café Amazon branches and the revamped Ahlain stores play a key role in this vision, offering a modern and fully integrated service destination that enhances the convenience shopping experience. These outlets provide a diverse range of high-quality products that are highly competitive in the local market Oman Oil Marketing Company continues to invest in innovative retail solutions as part of its strategy to enhance the customer experience at its service stations. The integration of Ahlain and Café Amazon Café Amazon and Ahlain in a single location reinforces the company's market leadership, setting new benchmarks for excellence in fuel station services. About Oman Oil Marketing Company (OOMCO) Oman Oil Marketing Company (OOMCO) is a trusted leader in energy solutions, delivering innovative and customer-focused services across Oman and the GCC. Since its establishment in 2003, OOMCO has built an extensive network of service stations, convenience stores, and specialized offerings, providing high-quality fuels, lubricants, and retail experiences tailored to diverse needs. With a strong commitment to Oman Vision 2040, OOMCO supports initiatives that promote sustainability, health, and safety, ensuring positive impacts for communities and the nation. For media inquiries, please contact: Shouq Al-Ghailani Corporate Affairs Executive
Zawya
24-02-2025
- Business
- Zawya
Oman Oil Marketing Company awards OMR 1.45 mln in contracts to Omani SMEs
Muscat, Oman – Oman Oil Marketing Company (OOMCO) has signed agreements with nine Omani Small and Medium Enterprises (SMEs), awarding contracts worth OMR 1.45 million across multiple sectors, including logistics, technology, infrastructure, and retail. The agreements, with durations ranging from one to five years, reaffirm OOMCO's commitment to supporting local businesses, enhancing In-Country Value (ICV), and contributing to Oman Vision 2040. The signing ceremony took place at OOMCO's headquarters on February 18, 2025, bringing together representatives from the awarded SMEs. These agreements provide sustainable growth opportunities for local enterprises, enabling them to expand their expertise and enhance their competitiveness in the market. Commenting on the initiative, Tarik Mohammed Al Junaidi, CEO of Oman Oil Marketing Company, stated: "Our partnership with Omani SMEs underscores our dedication to fostering local talent and strengthening the national economy. By awarding contracts across diverse industries, we are not only creating business opportunities but also driving innovation, efficiency, and sustainable growth in line with Oman Vision 2040." The awarded contracts cover a wide range of industries and services, supporting business development across retail, technology, engineering, and facility management. In the retail and customer service sector, the agreements include maintenance services for Ahlain shops and the introduction of a Pick-Up and Drop-Off (PUDO) logistics service, enhancing convenience for customers. Digital transformation initiatives include the integration of a QR-based ordering platform at Café Amazon and the implementation of Know Your Customer (KYC) verification within the OOMCO Mobile App, further strengthening the company's digital capabilities. In the engineering and infrastructure sector, the contracts cover the installation of above-ground steel tanks as well as fire engine troubleshooting and maintenance, ensuring the highest standards of safety and operational excellence. Facility management and maintenance agreements include essential upkeep for OOMCO's headquarters and the supply of receipt paper rolls for service stations across the network. This initiative not only strengthens the role of local businesses in Oman's economy but also supports job creation and long-term SME development. By integrating digital transformation, customer convenience, and operational efficiency into its projects, OOMCO continues to set new benchmarks for corporate responsibility and economic impact. As a key player in Oman's fuel marketing sector, OOMCO remains committed to fostering sustainable business partnerships that drive local enterprise growth while ensuring the highest standards of service and innovation. -Ends- About Oman Oil Marketing Company (OOMCO) Oman Oil Marketing Company (OOMCO) is a trusted leader in energy solutions, delivering innovative and customer-focused services across Oman and the GCC. Since its establishment in 2003, OOMCO has built an extensive network of service stations, convenience stores, and specialized offerings, providing high-quality fuels, lubricants, and retail experiences tailored to diverse needs. With a strong commitment to Oman Vision 2040, OOMCO supports initiatives that promote sustainability, health, and safety, ensuring positive impacts for communities and the nation. For media inquiries, please contact: Shouq Al-Ghailani Corporate Affairs Executive
