PTG Energy PCLGovernment stimulus boosts travel and consumption, supporting oil sales growth target of 8-12% for 2026.

PTG has announced that it is benefiting from the government's economic stimulus measures, particularly the "Thiao Thiao Thai Plus" scheme, which supports travel and consumption. As a result, the company maintains its oil sales volume growth target of 8-12% for 2026, with EBITDA growth of 10-15%. Meanwhile, the fourth quarter of 2026 enters the high season. Mr. Rangsan Puangprajang, Chief Financial Officer and Chief Sustainability Officer, stated that the recovering purchasing power is a positive factor for the service station and non-oil businesses. The company plans to expand its service stations by 40-50 locations, and its PunThai Coffee business aims to expand its branches to 1,500 by the end of 2026, while leveraging the Max Card membership base to stimulate spending. Additionally, the company is continuing to expand its LPG and EV charging businesses to increase the proportion of EBITDA from non-oil operations and reduce its long-term dependence on the oil business.
PTG Energy PCLGovernment stimulus boosts travel and consumption, supporting oil sales growth target of 8-12% for 2026.