Bangchak Sriracha first half profit 1,077 million baht

Bangkok, Bangchak Sriracha Public Company Limited (BSRC) reported its operating results for the first half of 2024 with sales and service revenue of 129,631 million baht, EBITDA of 3,604 million baht, and profit of 1,077 million baht. Mr. Bandit Hansapaiboon, Chief Executive Officer of Bangchak Sriracha Public Company Limited (BSRC), revealed that amidst challenges and pressures from energy prices, the performance in the first half of 2024 demonstrated BSRC's success in both the refining and marketing businesses. BSRC had sales and service revenue of 129,631 million baht, representing an EBITDA of 3,604 million baht. The significant performance in the first half of 2024 was that the refining business continuously set new records, with a maximum refining capacity of 154,900 barrels per day per month in May and an average of 152,200 barrels per day in the first half of the year, while the total product sales volume in the first half of the year reached 4,745 million liters, an increase of 16 percent from the previous year. Marketing Business: Product sales volume at service stations was as high as 1,759 million liters, receiving positive factors from an effective marketing plan and service stations that changed their logos to the Bangchak brand, which was completed ahead of schedule. At the end of the second quarter, 488 service stations had completed changing their logos to Bangchak, which was more than the set target. Source: Thai News Agency