PTT’s retail business reports over 50% income growth in Thailand


Positive numbers from 2022 will see a $900 million investment for local and international business in 2023.

Thailand’s leading oil and retail operator PTT Oil and Retail Business reported sales and service revenue of USD 22.8 billion in 2022, an increase of 54.3% from the previous year, following a strong rebound in domestic tourism and post-pandemic economic recovery.

The company has earmarked USD 900 million for investment in 2023 in for both its local and international businesses.

As of 2022, PTT operated 2,551 gas stations across Asia as well…

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