PTT opens the fiscal year budget, sweeping profit of 3.78 billion baht and distributes a dividend of 0.82 baht up on XD 4 March this time.

PTT Public Company Limited or PTT Operating results for the year 2020 ended December 31, 2020 as follows:

The operating results for the year 2020 have decreased profit due to the Company’s EBITDA of 225,672 million baht, a decrease of 63,300 million baht or 21.9 percent from 288,972 million baht in 2019, mainly due to the petroleum exploration and production business that Operating results decreased in line with the lower average selling price. Although the sales volume increased mainly from Malaysia and Partex projects after the acquisition in the second half of last year. In addition, the operating performance of the petrochemical and refining business also dropped significantly. This was mainly due to the 2020 oil stock loss of approximately 19,000 million baht, following a sharp drop in crude oil prices from the end of 2019 at $ 67.3 per barrel to $ 51.1 per barrel at the end of 2020.

However, the company announced dividend payment from retained earnings. In cash at the rate of 0.82 baht per share, scheduled for the XD sign on March 4, 2021 and the dividend payment will be made on 30 April 2021.

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