Thai Oil's First-Half Profit Surges to Over 27.7 Billion Baht, Q2 Hit by Oil Stock Valuation Loss
Economy

Thai Oil's First-Half Profit Surges to Over 27.7 Billion Baht, Q2 Hit by Oil Stock Valuation Loss

Thai Oil reported a net profit exceeding 27.7 billion baht for the first half of the year. However, the second quarter saw a decline in profit compared to the previous quarter due to oil stock valuation losses. The company anticipates a recovery in the regional economy and stabilized oil prices.

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