A Significant Increase of Stock Gain in 1Q21 Boosts OR’s Earnings to Record over ฿4Bn! PTT Oil and Retail Business Public Company Limited (OR) has announced its 1Q21 consolidated financial statement through the Stock Exchange of Thailand as follows; OR reported a net profit of 4,003 million baht in 1Q21, increased 110.88% from a net profit of 1,898 million baht in 1Q20. The increase was mainly contributed by a stock gain of 3,613 million baht in 1Q21, compared toa stock loss of 3,014 million baht in 1Q20. For the oil business segment, the revenue from sales and services fell by 11,514 million baht (-9.5%) due to the decrease(-10.8%) in overall sales volume. The main reason was a drop in aviation fuel sales volume from the COVID-19 pandemic that had a considerably more substantial impact on 1Q21 than1Q20. For the retail market, sales volume increased due to the net network expansion of 85 service stations in Thailand and the COVID-19 control measures implemented in some high-risk
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