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PTG Power Poised for Report Gross sales in Q2/24: Increasing Enterprise and Earnings Producing Channels

PTG Power Public Firm Restricted (PTG) signifies that gross sales will proceed to develop within the second quarter of 2024. And there is a chance to make yet one more file excessive, benefiting from the excessive season and recovering oil advertising and marketing margins, together with the Non-Oil enterprise, LPG distribution, Pun Thai Espresso Store, and Autobacs, which has grown considerably from the variety of PT Max Card Members and the variety of PT Max Card Plus has elevated. Plant a banner to proceed increasing enterprise associated to the principle enterprise with a purpose to develop the enterprise and enhance future earnings producing channels. Reinforce the goal for oil gross sales quantity by means of all channels to develop this 12 months by 10-12%.

Mr revealed Pitak Ratchakitprakarn, CEO and President of PTG Power Public Firm Restricted or PTG, whose working outcomes for the second quarter of 2024 are anticipated to see continued gross sales development. And there’s a probability to make a brand new file excessive once more. As a result of it’s believed that the quantity of oil gross sales by means of all channels will proceed to develop. This can be a results of identical retailer gross sales development. each from new clients and clients holding PT Max Card and PT Max Card Plus membership playing cards, together with elements supported by the restoration of personal consumption and tourism from ongoing holidays. Together with the seasonal elements that begin agricultural cultivation.

As well as, it’s anticipated that the quantity of LPG fuel distribution will proceed to extend. It nonetheless comes from the Auto LPG group from the implementation of the “Taxi Rework” and “Auto Rework” tasks, and there may be entry to buyer companies that maintain PT Max Playing cards and PT Max Card Plus As for the espresso Enterprise homes, it continues to develop In the identical course from repeat purchases from the identical clients and from clients who maintain PT Max Card and PT Max Card Plus membership playing cards, and continues to develop branches whereas Autobacs enterprise an growing variety of branches.

“From the development of the Oil and Non-Oil enterprise which continues to develop as deliberate. As well as, there was a rise in using companies by clients who maintain PT Max Card and PT Max Card Plus playing cards, which is subsequently a optimistic signal for PTG’s second quarter working outcomes, that are believed to proceed to develop nonetheless see Discovering funding alternatives within the firm To be even stronger,” mentioned Mr Phitak ultimately.

In 2024, the corporate nonetheless goals to extend the variety of oil gross sales by means of all channels to develop by 10-12% and develop the variety of service stations to 2,251 service stations, together with upgrading service ranges with a PT Service Grasp who’ n able to serve and advise clients. And knowledge from the PT Max Card member base, PT Max Card Plus, Max Me purposes and the Max Enterprise Join (MEC) platform is used to investigate with a purpose to ship merchandise, companies and promotions that meet the wants of most clients Goal for the aim o increasing market share by means of retail channels and repair stations to a minimum of 25% in 2027.

For the Non-Oil enterprise, we nonetheless intention for steady development on the degree of 40-50%, primarily from the Thai espresso enterprise, which considers this 12 months as a “Community Growth” 12 months and can intention to variety of Thai coffees. branches to be over 5,000. Branches will cowl all states throughout the nation in 2027. As for the LPG fuel enterprise, gross sales development targets for 2024 are set at 30-40%, with the Auto LPG group emphasizing companies to advertise gross sales. and holding the #1 market share with the “Taxi Rework” and “Auto Rework” tasks, the house and industrial fuel teams preserve the identical essential buyer base. and discover a new buyer base Together with specializing in increasing the variety of Auto LPG service stations and Fuel Outlets to 788 branches from the unique 573 branches in 2023, primarily by means of the enlargement of Fuel Outlets.

As for different companies underneath the Oil Free enterprise, the corporate continues to plan to develop branches and Touchpoints In 2024, the goal is for the variety of different Oil Free enterprise branches to be 961 Touchpoints, a rise of 329 Touchpoints.

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