PTT Oil and Retail Business Reports Strong Q3 2026 Profit Growth
OR reports a net profit of 5.138 billion baht for the third quarter of 2026, driven by improved margins in its mobility business.
According to Khaosod Online, PTT Oil and Retail Business Public Company Limited (OR) has announced a significant financial recovery for the third quarter of 2026. The company reported a net profit of 5.138 billion baht, marking a substantial increase of 6.912 billion baht compared to the previous quarter. This performance resulted in earnings per share of 0.43 baht. While total revenue from sales and services reached 184.425 billion baht—a 10.3% decrease from the prior quarter—the company's EBITDA surged by over 100%, reaching 7.508 billion baht. OR CEO M.L. Peekthong Thongyai attributed this growth primarily to the Mobility business segment, which benefited from higher average gross profit margins on diesel and gasoline sales. For residents and travelers in Thailand, this financial stability supports the company's ongoing commitment to expanding its PTT Station network and EV Station PluZ infrastructure, which are central to its long-term growth strategy. While these figures indicate a strong recovery in the fuel retail sector, the long-term impact of these expansion plans on consumer fuel prices and the availability of electric vehicle charging stations remains to be confirmed as the company continues its rollout.
