PTT Global Chemical Reports Rise in Profits and Sales

PTT Global Chemical (Bangkok), Thailand's largest integrated petrochemical and refining company, has recorded profits of baht2.1 billion ($69 million) and sales of baht104.4 billion for the period October 19, 2011 to December 31, 2011. The former PTT Chemical, and PTT Aromatics and Refining - each company an affiliate of energy firm PTT (Bangkok) - completed their merger on October 19, 2011, to create PTT Global Chemical. The company has however prepared an unaudited pro-forma consolidated financial statement for 2011 in comparison with 2010. PTT Global Chemical...

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