|
|
Article: Thai Oil Co. Reports 500 Million Baht Net Profit.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- January 14, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Bangkok Post, Thailand Knight Ridder/Tribune Business News
Jan. 14--Thai Oil Co's financial position is strong enough to cope with oil price fluctuations this year, following a third consecutive year in the black with a 2002 net profit of 500 million baht, according to managing director Chulchit Bunyaketu.
Mr Chulchit said the refining company last year sold 12 billion litres of finished oil products, representing 30 percent of the total domestic market. To meet rising demand, Thaioil stepped up its refining capacity by 7 percent to 206,000 barrels per day, or 94 percent of capacity.
Contributing to the gain last year was the increase in ...
Related newspaper, magazine, and journal articles:
|
|
Article: Thai Oil Co Posts Profit in Face of Volatility.
Knight Ridder/Tribune Business News;
August 8, 2002 ;
700+ words
...Bangkok Post, Thailand Knight ... global oil prices, Thai Oil Co recorded a net ... of paraxylene. Thai Oil says the petrochemical ... according to Thaioil. Thai Oil operates a refinery ... see more of the Bangkok Post, or to subscribe ...
|
|