Latest news with #ESG-driven
The Sun
4 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.
Bangkok Post
04-07-2025
- Business
- Bangkok Post
Krungsri-MUFG Forum to Spotlight Sustainable Growth
Bangkok, July 4, 2025 – Krungsri (Bank of Ayudhya Public Company Limited) cordially invites entrepreneurs, investors, and stakeholders to its flagship annual seminar, 'Krungsri-MUFG Business Forum: Thriving to Sustainable Future', taking place on Tuesday, 5 August 2025, at the Bangkok Convention Centre, 22nd Floor, Centara Grand at CentralWorld. The event will bring together prominent national and international thought leaders in finance, economics, and sustainability to discuss key strategies for thriving amid global transformation and achieving long-term, stable growth. The morning session features a special segment: Krungsri ESG Awards: Minute of Changes a dynamic business pitching competition where leading ESG-driven SME entrepreneurs will present their sustainable transition plans to a panel of distinguished judges. The programme will also include the announcement of award winners and presentation of certificates to participants in the Krungsri ESG Academy. The afternoon session features a series of exclusive talks and discussions by distinguished speakers, including: Akanat Promphan, Minister of Industry, on 'Industrial Reform: Steering Thailand's Economy under Structural Disruptions' Kanetsugu Mike, Chairman, Mitsubishi UFJ Financial Group (MUFG) Kenichi Yamato, President and CEO, Bank of Ayudhya PCL, on 'Krungsri: A Sustainable and Regional Bank' Dr Phirun Saiyasitpanich, Director-General, Department of Climate Change and Environment, on 'The Upcoming Thailand Climate Change Act' Dr Somkiat Tangkitvanich, President, Thailand Development Research Institute (TDRI), on 'Navigating Global Shifts: Strengthening Thailand's Economic Competitiveness' Mari Elka Pangestu, Special Envoy of the President of Indonesia and Former Managing Director of the World Bank, on 'Capturing Regional Opportunities in a Shifting Global Landscape' A panel discussion titled 'Strategic Growth through Innovation in Global Sustainable Finance' will feature: The session will conclude with a keynote by Thammasak Sethaudom, President of SCG, on 'Achieving Sustainability and Growth Amid the Current Economic Climate: A Case Study of SCG.' Attendees can also explore the Exhibition Zone, showcasing a range of financial innovations and sustainable business solutions from Krungsri, its partners, and entrepreneurial networks. Don't miss this unique opportunity to gain insight into sustainable business strategies and the evolving regional landscape.
Yahoo
06-06-2025
- Business
- Yahoo
Prologis, Inc. (PLD): A Bull Case Theory
We came across a bullish thesis on Prologis, Inc. (PLD) on Business Model Mastery's Substack. In this article, we will summarize the bulls' thesis on PLD. Prologis, Inc. (PLD)'s share was trading at $108.60 as of 30th May. PLD's trailing and forward P/E were 27.08 and 47.17 respectively according to Yahoo Finance. A worker operating heavy machinery on a large construction site, at the center of a bustling city skyline. Prologis is a dominant force in global logistics real estate, managing 1.3 billion square feet across 20 countries. Its strategic emphasis on Last Touch® facilities near major urban centers ensures superior delivery speed and consistently high tenant demand, reflected in its 96%+ occupancy and strong lease mark-to-market gains of approximately 30%. This positions the company for steady, organic growth with a structurally embedded advantage. Adding to its defensible moat, Prologis controls a vast and irreplaceable land pipeline capable of supporting $41.5 billion in future logistics development, including $0.9 billion earmarked for data center conversions. In a landscape where urban zoning restrictions create meaningful entry barriers, this land bank offers long-term development flexibility and competitive protection. Operationally, the company benefits from immense scale while maintaining a lean cost structure. Its general and administrative expense ratio continues to decline as its asset base expands, allowing it to boost margins by leveraging shared infrastructure and partnerships. A critical driver of Prologis's financial engine is its capital flywheel—$56.3 billion in co-investment ventures where it earns recurring fees and performance-based incentives with only modest equity exposure of 15–55%, significantly reducing risk while enhancing returns. Most of these ventures are either long-duration or open-ended, ensuring lasting capital support. Further reinforcing tenant relationships, its Prologis Essentials platform integrates sustainability solutions like LED lighting and solar installations (626 MW deployed), now embedded in all eligible new developments. This ecosystem of ESG-driven value-add services enhances tenant retention and underscores Prologis's comprehensive, multi-pronged strategy for long-term, capital-efficient growth. For a comprehensive analysis of another standout stock covered by the same author, we recommend reading our summary of this on Harley Davidson, Inc. (HOG). Prologis, Inc. (PLD) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 55 hedge fund portfolios held PLD at the end of the first quarter which was 55 in the previous quarter. While we acknowledge the potential of PLD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Sun
04-06-2025
- Business
- The Sun
Bateriku.com and RYDE EV unite to rev up electric mobility in Malaysia
PETALING JAYA: In a strategic move to revolutionise the electric mobility landscape in Malaysia, a vehicle support ecosystem, has teamed up with RYDE EV, a key player in electric vehicle technology, to launch a transformative initiative at the Bateriku Pitstop in Cheras, Kuala Lumpur. The collaboration introduces an innovative EV Swap Station and ICE-to-EV conversion services, marking a significant leap forward in promoting sustainable transportation solutions. By leveraging both companiesʼ strengths, the initiative aims to provide seamless, accessible and eco-conscious alternatives to traditional vehicle ownership. At the core of the partnership is a shared mission: to make electric mobility practical and scalable, while empowering communities through gig economy model BHero and enhancing environmental impact through ESG-driven practices. Through the partnership, and RYDE EV will provide EV Swap Stations to enable quick and convenient battery swaps to reduce EV downtime at 10 Bateriku Pitstop locations – Bateriku Bangsar, Bateriku Ampang, Bateriku Kelana Jaya, Bateriku Kepong, Bateriku Pudu, Bateriku Saujana Putra, Bateriku Subang Perdana, Bateriku Permaisuri Cheras, Bateriku Balakong and Bateriku Kajang. It will also support affordable transformation of internal combustion engine vehicles into electric-powered ones, mobilising gig economy network to support EV-related services, creating new income streams and entrepreneurship opportunities besides aligning with ESG standards. CEO Azarol Faizi said: 'Our partnership with RYDE EV is a bold step towards building a smarter, greener mobility future for Malaysians. By merging innovation with social responsibility, weʼre not just supporting the EV ecosystem, weʼre creating a new wave of opportunities for our BHeroes and contributing meaningfully to national sustainability goals.ˮ RYDE EV CEO Syed Ahmad Faiz said that working alongside allows them to scale their EV technology to the grassroots. 'From quick-swap stations to converting petrol vehicles into clean EVs, this partnership is about making green mobility accessible for everyone ,and thatʼs a future worth driving towards.'
Scotsman
03-06-2025
- Business
- Scotsman
Josh Levy and Dario Schiraldi on Ultimate Finance's £10M facility boost for market growth
Specialist asset-based lender Ultimate Finance has raised its maximum invoice finance facility from £7 million to £10 million as it looks to expand its footprint in the larger deal market. Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... The Tavistock Group-owned firm based in Bristol said the change fits with its efforts to expand its working capital services. This improvement is due to improvements in pricing and larger cash flow loan options which have been well-received by the bank's clients. The increase in facility size reflects the company's ambition to remain competitive and distinctive while expanding its offering to cater to a wider range of businesses. It also supports Ultimate Finance's broader aim of building a strong presence in larger lending transactions. Advertisement Hide Ad Advertisement Hide Ad Chief Executive Officer Josh Levy said the company has had a robust start to 2025, completing 60 working capital deals in the first five months of the year. 'April and May represented our highest single months in the past five years for new deal numbers and deal value, respectively, and this momentum shows no sign of slowing down,' he said. Market Growth 'With our average client retention now at eight years, the increase enables us to further support those clients with their growth ambitions and deliver on our mission. This is to provide more cash flow than ever before to new and existing clients,' Levy added. Dario Schiraldi, Deutsche Bank's former MD, explains how the institutional playbook is being shaped by private equity, private credit, structured investments, and ESG-driven strategies as investors look to maximise risk-adjusted returns and improve portfolio resilience. "In order to generate alpha, institutional investors are stepping outside of traditional asset classes," Dario Schiraldi, Deutsche Bank's former leader, says. He further added, "Private equity and private credit provide exposure to high-growth industries and innovative companies while offering protection against short-term market swings." Advertisement Hide Ad Advertisement Hide Ad Levy expressed confidence that the enhanced facility, combined with the company's high-touch, tailored service model, would support its growth trajectory. Founded in 2002, Ultimate Finance has supported more than 4,000 UK businesses and property investors with customised funding packages designed to meet the cash flow needs of small and medium-sized enterprises (SMEs). In addition to its head office in Bristol, the lender maintains a national presence with offices in London, Lutterworth, Manchester, Leeds, and Edinburgh. The firm was acquired by Tavistock Group nine years ago, reinforcing its long-term commitment to growth in the UK market.
