PTG Aims to Reach ฿200bn of Revenue in 2021 by Expanding Non-Oil Biz for Diversification

PTG aimed to reach ฿200 billion of revenue in 2021 by expanding non-oil business in the diversification of fluctuating oil price.

Mr. Pitak Ratchakitprakarn, President and CEO of PTG Energy Public Company Limited (PTG), has announced that the company set an objective for a constant growth in revenue for the next three year, aiming to reach 200 billion baht of revenue by 2021 from the current revenue at 140 billion baht.

To reach its goal, PTG will focus on expanding non-oil business to reach 60% of its gross profit margin from the current level to 10-11%, creating a new s curve of the new business growth in the future and diversifying of fluctuating oil prices and government policy.