Overall Performance
PTT Public Company Limited reported Q1 2026 net profit of 35 billion baht, an increase of 12% compared to the same period last year.
Key Growth Drivers
The profit growth was driven by three main factors:
- Natural Gas Business: Global LNG prices rose 15%, boosting gas business revenue
- Refining Business: GRM improved to $6.5 per barrel from $5.2 in the previous quarter
- Cost Control: Operating expenses reduced by 8%
Q2 2026 Outlook
Management expects business momentum to remain strong in Q2, supported by summer energy demand and Thailand economic recovery.