Bangchak's Q3 earnings increase 14%

Corporate November 09, 2018 16:55

By The Nation

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Bangchak Corporation has reported nine-month earnings of Bt143.24 billion, up 14 per cent compared to the corresponding period last year.



Chaiwat Kovavisarach, the company's CEO, said in a press release issued on Friday that net profit during this period reached Bt4.71 billion.

During the third quarter of 2018, earnings were Bt53.46 billion, an increase of 37 per cent compared to the same period last year and 17 per cent compared to the Q2.

He said Bangchak’s production during Q3 reached a record 118,820 barrels per day.