TOP: Q3/24 profit fell on weak margins and stock losses; 2025 outlook sees slow demand and margin recovery

About this update from Thai Oil Public Co. Ltd.

Net profit declined sharply in Q3/24 due to lower refining margins and stock losses, with 9M/24 results also down year-over-year. High refinery utilization and strategic investments continued, while 2025 outlook anticipates modest margin recovery amid supply surplus and slow demand growth.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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