Business Segments Thai Oil

Stocks

TOP

TH0796010005

Oil & Gas Refining and Marketing

End-of-day quote Thailand S.E. Other stock markets 2026-07-02			5-day change	1st Jan Change
49.75 ^THB	+0.51%		+11.17%	+38.19%

06-22	Thai Oil Denies Involvement in Illicit Stockpiling Amid Hormuz Shipping Scrutiny	MT
05-11	Thai Oil Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Breakdown by Business Segment (THB)

Fiscal Period: December	2021	2022	2023	2024	2025
Oil and Gas Refining and Marketing
Oil Refinery	358B	569B	502B	498B	414B
Total Assets	303B	409B	398B	391B	406B
Interest Expense	-3.21B	-3.49B	-3.76B	-4B	-3.5B
Income Tax Expense	472M	8.89B	3.7B	936M	21M
EBT	25.12B	42.55B	25.21B	10.82B	9.63B
Gross Profit	14.26B	41.68B	24.41B	7.35B	5.01B
Operating Income	28.34B	46.04B	28.97B	14.82B	13.14B
Net Income	24.65B	33.66B	21.51B	9.89B	9.61B
Lube Base Oil Refinery	23.83B	27.77B	25.32B	25.74B	22.05B
Total Assets	9.43B	10.14B	9.14B	9.94B	9.75B
Interest Expense	-59M	-58M	-50M	-50M	-50M
Income Tax Expense	933M	665M	483M	372M	666M
EBT	4.61B	3.32B	2.47B	1.86B	3.35B
Gross Profit	4.73B	3.4B	2.55B	1.89B	3.37B
Operating Income	4.67B	3.37B	2.52B	1.91B	3.4B
Net Income	3.68B	2.65B	1.98B	1.49B	2.68B
Solvent	13.31B	22.59B	19.38B	19.72B	16.19B
Total Assets	8.56B	10.41B	11.17B	9.93B	9.52B
Interest Expense	-74M	-121M	-157M	-154M	-127M
Income Tax Expense	121M	107M	104M	123M	52M
EBT	843M	634M	530M	502M	258M
Gross Profit	1.62B	1.78B	1.56B	1.73B	1.58B
Operating Income	917M	755M	687M	656M	385M
Net Income	663M	527M	402M	386M	212M
Ethanol	1.59B	1.8B	1.88B	1.68B	1.05B
Total Assets	2.86B	2.72B	2.31B	2.08B	1.64B
Interest Expense	-17M	-19M	-23M	-32M	-17M
Income Tax Expense	76M	4M	16M	-15M	24M
EBT	683M	51M	-77M	-141M	-107M
Gross Profit	175M	172M	48M	5M	28M
Operating Income	700M	70M	-54M	-109M	-90M
Net Income	579M	18M	-53M	-74M	-72M
Industrial Organic Chemicals
Aromatics and Lab	60.55B	88.94B	78.97B	80.53B	58.76B
Total Assets	28.19B	26.75B	27.28B	25.27B	24.6B
Interest Expense	-159M	-162M	-181M	-163M	-143M
Income Tax Expense	419M	-688M	271M	530M	141M
EBT	3.31B	-1.46B	1.3B	2.62B	702M
Gross Profit	3.09B	-552M	1.59B	2.83B	1.06B
Operating Income	3.47B	-1.3B	1.48B	2.79B	845M
Net Income	2.59B	-1.18B	873M	2.01B	440M
Olefins	-	2M	5M	4M	4M
Total Assets	30.56B	31B	30.54B	29.95B	33.56B
EBT	-90M	-814M	-199M	-376M	5.98B
Gross Profit	-	2M	5M	4M	4M
Operating Income	-90M	-814M	-199M	-376M	5.98B
Net Income	-90M	-814M	-199M	-376M	5.98B
Electric Power Generation By Fossil Fuels
Power Generation	7.57B	11.72B	12.79B	11.82B	10.97B
Total Assets	36.09B	16.59B	17.3B	16.04B	15.74B
Interest Expense	-338M	-293M	-489M	-442M	-440M
Income Tax Expense	5M	1M	76M	280M	242M
EBT	17.16B	1.34B	1.81B	1.93B	1.79B
Gross Profit	1.33B	1.65B	2.39B	2.31B	2.17B
Operating Income	17.5B	1.64B	2.3B	2.37B	2.23B
Net Income	17.12B	1.34B	1.74B	1.65B	1.55B
Others	6.33B	6.65B	7.07B	7.35B	7.56B
Total Assets	110B	115B	112B	109B	85.97B
Income Tax Expense	8M	-58M	24M	57M	985M
EBT	419M	182M	461M	1.4B	4.27B
Gross Profit	255M	-55M	287M	353M	551M
Operating Income	419M	182M	461M	1.4B	4.27B
Net Income	411M	240M	437M	1.34B	3.29B
Interest Expense	-	-	-	-	-
EBT	-	-	-	-	-
Gross Profit	-	-	-	-	-
Operating Income	-	-	-	-	-
Elimination	-126B	-199B	-178B	-178B	-135B
Total Assets	-169B	-177B	-188B	-184B	-159B
Interest Expense	293M	284M	567M	788M	787M
Income Tax Expense	-1M	-	-	-	-
EBT	-36.98B	-3.78B	-7.25B	-6.35B	-9.1B
Gross Profit	422M	370M	247M	304M	-100M
Operating Income	-37.28B	-4.06B	-7.82B	-7.14B	-9.89B
Net Income	-36.98B	-3.78B	-7.25B	-6.35B	-9.1B
Marine Transportation Of Freight
Marine Transportation Services - Discontinued Operations	210M	-	-	-	-
Total Assets	3.29B	4M	-	-	-
Interest Expense	-27M	-	-	-	-
Income Tax Expense	1M	-	-	-	-
EBT	19M	-	-	-	-
Gross Profit	64M	-	-	-	-
Operating Income	46M	-	-	-	-
Net Income	18M	-	-	-	-
Marine Transportation Services	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Gross Profit	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-

Geographical Revenue Distribution History

Geographical breakdown of sales (THB)

Fiscal Period: December	2021	2022	2023	2024	2025
Thailand	284B	480B	429B	437B	359B
Total Assets	229B	258B	262B	265B	262B
Income Tax Expense	-	-	4.65B	2.26B	2.13B
Operating Income	-	-	28.44B	12.69B	10.83B
Other Countries	61.84B	46.85B	36.76B	25.54B	32.67B
Total Assets	32.15B	1.91B	1.88B	1.85B	1.68B
Indonesia	-	2.74B	3.43B	4.07B	3.85B
Total Assets	-	31B	30.37B	29.61B	33.02B
Income Tax Expense	-	-	16M	15M	-8M
Operating Income	-	-	-141M	-455M	9.38B
Income Tax Expense	-	-	6M	12M	6M
Operating Income	-	-	86M	53M	26M
Income Tax Expense	-	-	1M	1M	5M
Operating Income	-	-	9M	12M	34M
Operating Income	-	-	-10M	8M	6M
Operating Income	-	-	-37M	-40M	-14M