PTT H1 Profit Grows 74% to 78.2 Billion Baht

MGR Online•Economy•5d ago

Reader Briefing

PTT reported a net profit of 78,263 million baht for the first half of 2026, representing a 74% increase compared to the same period last year.

•PTT achieved a net profit of 78,263 million baht in the first half of 2026.
•The PTT Board of Directors will meet in early September 2026 to consider interim dividend payments.
•PTT aims for an LNG trading volume of 3.7 million tons this year.
•PTT sets a total investment budget of 25 billion baht for the year 2026.

•PTT recorded a net profit of 78,263 million baht for the first half of 2026, an increase of over 33,000 million baht or 74% compared to the previous year.
•The profit growth was driven by the petroleum exploration and production business, as well as the petrochemical and refining business.
•PTT reduced crude oil imports from the Middle East from 70% to 30%, increasing sourcing from Africa and the United States via PTT Trading.
•The PTT Board of Directors will meet in early September 2026 to approve interim dividend payments, with the first half of 2025 seeing a payout of 0.90 baht per share.
•PTT has achieved 1.75 million tons of LNG trading in the first half of the year against a yearly target of 3.7 million tons, with long-term goals of 10 million tons by 2030 and 15 million tons by 2035.
•PTT, the Ministry of Energy, and public-private partners will host Gastech 2026 from September 14–17.
•PTT plans to implement a Carbon Capture and Storage (CCS) project at the Arthit gas field in the Gulf of Thailand, expected to start in 2028.
•As of the end of June 2026, the PTT Group had total liquidity of 425 billion baht, with approximately 120 billion baht belonging to PTT.

Full article content is available on the original source.

PTT(ปตท.)

A state-owned enterprise and listed company serving as the primary driver for national energy security and infrastructure development.

PTTEP(ปตท.สผ.)ℹ️

The petroleum exploration and production arm of PTT.

PTT Trading(พีทีที เทรดดิ้ง)

An entity with a global business partner network used by PTT to source crude oil.

Ministry of Energy(กระทรวงพลังงาน)ℹ️

A government body co-hosting the Gastech 2026 event.

Kongkrapan Intarajang(คงกระพัน อินทรแจ้ง)ℹ️

Chief Executive Officer and President of PTT Public Company Limited.

Middle East(ตะวันออกกลาง)ℹ️

A region experiencing prolonged unrest and a traditional source of crude oil for PTT.

Africa(อาฟริกา)ℹ️

A region from which PTT has increased crude oil procurement.

United States(สหรัฐฯ)ℹ️

A region from which PTT has increased crude oil procurement.

Gulf of Thailand(อ่าวไทย)ℹ️

The location of the Arthit gas field where PTT plans to implement a CCS project.