Bangkok: PTT Oil and Retail Business Public Company Limited (OR) reported a net profit of 6.611 billion baht for the first half of 2025, marking a 351 million baht increase, or 5.6%, compared to the same period last year.
According to Thai News Agency, the company faced challenges in the second quarter of 2025 due to falling global oil prices, which impacted the Mobility and Global business groups. However, the Lifestyle business group, particularly the food and beverage retail sector, saw improved performance.
M.L. Pikthong Thongyai, Chief Executive Officer of OR, shared that the second quarter of 2025 saw total sales and service revenue of 167,166 million baht, a decrease of 15,256 million baht or 8.4% from the previous quarter. The drop in global oil prices was the primary factor for this decline. Despite this, the Lifestyle business continued to grow steadily, with revenue increasing by 422 million baht or 7.1%, thanks to the food and beverage retail business and other retail ventures. For the first half of 2025, OR’s total sales and service revenue amounted to 349,588 million baht, reflecting a 3.4% decrease year-on-year. However, the company achieved an EBITDA of 11,036 million baht, a 0.2% increase year-on-year, attributed to improved cost control in the Lifestyle business and increased average gross profit per liter in Lao PDR.
In addressing the challenges from falling oil prices and exchange rate fluctuations, OR has focused on expanding its lifestyle business, particularly through the Caf© Amazon brand. The brand continues to grow robustly, promoting its premium coffee “Amazon Premium Selected Cup” and launching a presenter marketing strategy with Ink – Waruntorn Paonil as its first presenter. Caf© Amazon sold over 107 million cups this quarter, a 4.9% increase year-on-year, driven by branch expansion. OR boasts a network of 4,547 Caf© Amazon stores worldwide and 2,339 convenience stores under the 7-Eleven and Jiffy brands in Thailand. Additionally, OR has expanded its Found and Found health and beauty retailer to 10 branches in Bangkok and other provinces.
OR is also investing in digital business operations and transformation by integrating technology into its operations. The company has developed a digital roadmap to guide its technological advancement over the next 5-10 years. In July, OR launched the revamped “blueplus+” application, designed to be the centerpiece of OR’s ecosystem by linking service data and benefits from all brands. This initiative aims to enhance customer understanding and create a positive consumer experience.
With a strong business foundation and strategic adjustments, OR remains dedicated to driving organizational growth alongside the economy and society through sustainable development. The company aims to deliver excellent consumer experiences and create value for stakeholders, reinforcing its vision of fulfilling opportunities for mutual growth.