PTG Energy Public Company Limited (PTG) announced its 2Q21 consolidated financial statement through the Stock Exchange of Thailand as follows;
PTG reported a net profit of 497 million baht in 2Q21, decreased 2.40% from a net profit of 509 million baht in 2Q20.
The company reported revenue from sales and services in 2Q21 was 33,310 million baht, an increase of 49.7% YoY mainly from revenue from oil business continued to grow as a result of the growth in oil sales volume and the increase in oil retail price of 39.6% YoY.
The marketing margin has remained at the appropriate level. However, oil marketing margin during the same period last year was above 2.0 baht per liter. As a result, the marketing margin fell by 7.1% YoY.
Cost of sale and services increased by 10.1% YoY in line with the growing number of oil and LPG service stations, as well as non-oil business branches.
In the meantime, share profit from Palm Complex project was 33 million baht, an increase of 621.1% YoY.