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PTTGC earnings growth

 Last Update: 2021-08-28
 Source: Internet
 Author: User

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Recently, Thailand’s PTT Global Chemical Company (PTTGC) reported that the company’s sales reached 111.
7 billion baht (approximately US$3.
3 billion) in the second quarter, a year-on-year increase of 61%
.

The company said that because of rising sales prices, new production capacity and less downtime for maintenance, sales increased

The EBITDA of PTTGC's olefins and derivatives business more than doubled from 2.
4 billion baht in the same period last year to 8.
4 billion baht
.

In the aromatics business, the profit before interest, tax, depreciation and amortization in the second quarter increased by 2% year-on-year to 1.

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