Bangkok, Bangchak Sriracha Public Company Limited (BSRC) reports operating results for the first quarter of 2024, with sales and service income of 63,583 million baht, EBITDA of 2,117 million baht, with a profit of 855 million baht, calculated as profit per Share 0.25 baht The refinery business sets a new record with a refining capacity of 150,300 barrels per day. while the average retail sales of service stations reached 887 million liters. Mr. Bandit Hansapaiboon, Chief Executive Officer of Bangchak Sriracha Public Company Limited (BSRC), revealed that the operating results for the first quarter of 2024 reflect the efficiency and business synergies from Synergy within the Bangchak Group of companies. The company has income from Sales and services were 63,583 million baht, an increase of 7% from the previous quarter and an increase of 6% compared to the same period of 2023, with EBITDA of 2,117 million baht and a net profit of 855 million baht, an increase of 198% from the previous quarter, an increase of 263. % from the same period of 2023, equivalent to earnings per share of 0.25 baht. Oil refinery business Set a new record with a refining capacity of 150,300 barrels per day. This is the highest refining capacity in the company's history. (representing 86 percent of production capacity) GRM increased by 5.8 USD per barrel from the same period in 2023, mainly due to the negative impact of decreased inventories. marketing business Product sales volume at service stations increased 4 percent from the previous quarter. Average retail sales of service stations reached 887 million liters, receiving positive factors from effective marketing plans and sales recovering from service stations that changed their logos to the Bangchak brand. At the end of the first quarter, the Company changed its service station logos to Bangchak has completed 332 stations, out of a total of 829 service stations under the Company's management, as planned. 'The company's oil refinery business and marketing business Will move forward w ith the strategy to create strong growth. Ready to respond to any challenges that arise in a timely manner. We will closely monitor the energy price situation. along with managing and increasing efficiency in the production process Joining forces in business and combining benefits among Bangchak group of companies. to create new competitive capabilities That will lead to sustainable growth of the company. under the vision 'Creating a sustainable future With innovation for superior energy,' Mr. Bandit said. Source: Thai News Agency