TOP: Q2 2024 profit rose YoY despite lower margins; 2H outlook sees margin recovery on demand

About this update from Thai Oil Public Co. Ltd.

Q2 2024 net profit reached 5,547 MB, with high refinery utilization but lower margins due to softer product spreads. Outlook for 2H 2024 anticipates margin recovery on seasonal demand, while risks include geopolitical tensions and new capacity additions.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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