PTT Global Chemical reports rise in profits and sales
1:28 PM MST | February 15, 2013
PTT Global Chemical (Bangkok), Thailandâ€™s largest integrated petrochemical and refining company, reports a 13.2% increase in net profits for 2012 compared with 2011, to 34 billion baht ($1.14 billion). Full-year sales increased 12.5%, to baht562.8 billion. The former PTT Chemical, together with PTT Aromatics and Refiningâ€”each company an affiliate of energy firm PTT (Bangkok)â€”completed their merger in October 2011 to create PTT Global Chemical. In the fourth quarter of 2012, PTT Global Chemical reported net profits of baht10.38 billion and sales of...
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