Equity Analysis /
Thailand

Thai Oil PCL: Heading toward 2021’s quarterly core earnings peak

  • Substantial earnings improvement expected for 3Q21

  • Demand expansion and lower crude costs to boost 4Q21 GIM …

  • …and bolster core profit growth

Suppata Srisuk
Suppata Srisuk

Equity Research Analyst

Bualuang Securities
12 October 2021