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PTT Q3/69 Profit Up 104% with Revenue Over 780 Billion Baht

PTT Q3/69 Profit Up 104% with Revenue Over 780 Billion Baht

Thansettakij•Economy•56m ago

Reader Briefing

PTT reported a net profit of 40,553 million baht for the third quarter of 2026, marking a 104% increase from the same period last year.

  • •PTT's Q3/69 net profit rose to 40,553 million baht, driven by an increase in EBITDA.
  • •Revenue for Q3/69 reached 784,015 million baht, a 21.2% increase from Q3/68.
  • •The 9-month net profit for 2026 totaled 118,816 million baht, up 83.8% year-on-year.
  • •PTT recognized a net non-recurring loss of approximately 4,200 million baht in Q3/69.

Overview

  • •On November 13, 2026, PTT reported its financial results for the third quarter of 2026.
  • •PTT recorded a Q3/69 net profit of 40,553 million baht, which is 20,769 million baht or 104% higher than the 19,784 million baht earned in Q3/68.
  • •The increase in PTT's Q3/69 profit was due to an increase in EBITDA.
  • •PTT's revenue from sales in Q3/69 was 784,015 million baht, increasing by 137,326 million baht or 21.2% from Q3/68.
  • •Revenue growth for PTT was driven by the international trading, petrochemical and refining, and oil and retail businesses due to higher product selling prices following reference oil prices despite lower sales volumes.
  • •PTT recognized a net non-recurring loss of approximately 4,200 million baht in Q3/69, primarily from the impairment of goodwill in PTTEP's Malaysia K project.
  • •PTT's gas business revenue increased due to higher average selling prices for gas procurement and wholesale based on Pool Gas prices and reference prices for industrial customers.
  • •Gas sales volume for PTT increased primarily from power plant customers due to higher overall electricity demand and the substitution of coal power plants following the decommissioning of Mae Moh power plant and landslide events.

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Key Entities

Organization

PTT Public Company Limited(บริษัท ปตท. จำกัด (มหาชน))ℹ️
A company that reported Q3/69 net profit of 40,553 million baht.
PTTEPℹ️
An entity associated with the Malaysia K project that experienced goodwill impairment.
TOP
An entity whose bond buyback contributed to PTT's profit in Q3/68.
PTTGC
An entity whose bond buyback contributed to PTT's profit in Q3/68.

Place

Malaysia(มาเลเซีย)ℹ️
The location of the K project associated with PTTEP.
Mae Moh(แม่เมาะ)
The site of a power plant whose decommissioning contributed to increased gas demand.