TOP: FY2024 profit halved on weaker margins; 2025 outlook remains cautious amid supply growth

About this update from Thai Oil Public Co. Ltd.

Q4 2024 saw a return to profit and improved refining margins, but FY2024 net profit fell 49% year-over-year due to lower operating profit and higher stock losses. 2025 outlook is cautious, with soft margins expected amid supply growth and economic headwinds.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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