Mr. AuttapolRerkpiboon, President andChief Executive Officer, PTT Public Company Limited(PTT)disclosed that the revenue of PTT Group in the first quarter of 2021 rose 17.4 % (Baht 70,663 million) to Baht477,837 millionfrom the fourth quarter of 2020.PTT's Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)in the first quarter of 2021 wereBaht 102,997 million, a rise ofBaht 31,383 millionor 43.8% from the previous quarter.

The improving performance of all business groups-the petrochemical and refining groupin particular -is attributable tothe rising petroleum and petrochemical prices in the global marketdriven by the overall economic recoveryafter the easing of the closure measuresas well as more vaccinationagainst COVID-19 in many countries. The net incomeofPTT and its subsidiaries in the first quarter of 2021 wasBaht 32,588 million,an increase ofBaht19,441 millionor over 100% from Baht 13,147 millionin the previous quarter.

Additional information aboutthe financial statements and summary of the operating results of PTT and its subsidiaries for thethree months ended March 31, 2021 can be viewed on

https://www.set.or.th/set/pdfnews.do?newsId=16208607460550&sequence=2021056553

Attachments

  • Original document
  • Permalink

Disclaimer

PTT pcl published this content on 13 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2021 02:51:00 UTC.