OR First Half Profit Drops 90.3% to 640 Million Baht

MGR Online•Economy•3d ago

Reader Briefing

OR reported a net profit of 640 million baht for the first six months of 2026, a decrease of 90.3% compared to the previous year.

•OR's net profit for the first six months of 2026 was 640 million baht, down 5,971 million baht from the same period last year.
•OR recorded a net loss of 1,774.95 million baht in the second quarter of 2026.
•The decline in profit was influenced by lower sales volumes and volatility in global oil prices.

•OR reported net profit for the first six months of 2026 totaling 640 million baht, which is a 90.3% decrease compared to the same period last year.
•In the second quarter of 2026, OR recorded sales and service revenue of 205,667 million baht, an increase of 16.8% from the previous quarter.
•OR's net loss in the second quarter of 2026 amounted to 1,774.95 million baht.
•The net loss in the second quarter of 2026 was caused by a decrease in oil sales volume after oil prices rose due to the Middle East war.
•During the first half of 2026, OR's total sales and service revenue reached 381,793 million baht, increasing by 9.2% from the previous year.
•The Mobility and Global business groups saw revenue increases in the first half of 2026 due to higher average selling prices per liter resulting from the Middle East conflict.
•OR recorded estimated losses from the reduction of inventory value (Net Realizable Value: NRV) due to declining global market oil prices.
•The Lifestyle business group experienced revenue growth in the first half of 2026 due to the expansion of food and beverage retail branches.

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Wilaiwan Kanchanakanti(นางสาววิไลวรรณ กาญจนกันติ)

Deputy Chief Executive Officer for Finance of PTT Oil and Retail Business Public Company Limited (OR).

PTT Oil and Retail Business Public Company Limited (OR)(บริษัท ปตท. น้ำมันและการค้าปลีก จำกัด (มหาชน))

A company providing oil and retail services that reported a net profit of 640 million baht for the first six months of 2026.

Middle East(ตะวันออกกลาง)ℹ️

A region where conflict influenced global oil prices and OR's sales volumes.

Philippines(ฟิลิปปินส์)ℹ️

A location where OR's Global business group experienced a reduction in sales volume.

Lao PDR(สปป.ลาว)ℹ️

A location where OR's Global business group experienced reduced sales volume and lower gross profit.

Cambodia(กัมพูชา)ℹ️

A country where OR's Global business group saw a decrease in gross profit.