PTT Oil and Retail Public Company Limited (SET: OR) has announced its 2Q24 consolidated financial Statement through the Stock Exchange of Thailand as follows;
| Quarter | 2Q24 | 2Q23 |
| Net Profit (Loss) Million Baht |
2,536.48 | 2,756.47 |
| Earning Per Share (Baht) |
0.2100 | 0.2300 |
| % Change | -7.98 | |
| 6 Months | 6M24 | 6M23 |
| Net Profit (Loss) Million Baht |
6,259.69 | 5,731.47 |
| Earning Per Share (Baht) | 0.52 | 0.48 |
| % Change | 9.22 | |
OR reported a net profit of THB 2,536 million in 2Q24, decreased by 8% from the same period of last year. Total sales and services revenue in the quarter was 183.9 billion baht, a slight decrease by 2.1% from 2Q23, mainly from a 3.4% decline in revenue from Mobility business due to a reduction in overall sales volume despite an increase in global oil prices. Meanwhile, Lifestyle and Global business reported an increase in revenue by 5.6% and 18.7%, respectively.
Cafe Amazon, under the F&B business in the Lifestyle segment in 2Q/24, recorded 102 million cups sold, an increase of 3 million cups (+3.0%) compared to 1Q/24 due to outlet expansion and promotional activities.
Dubai crude oil prices in 2Q/24 averaged US$ 85.3 per barrel, rising from 1Q/24 at US$81.3 per barrel and 2Q/24 at US$77.8 per barrel.
