ESSO Reports a Net Loss of ฿3bn after Recording a Lower GRM and Sales Volumes
ESSO Reports a Net Loss of ฿3bn after Recording a Lower GRM and Sales Volumes.
ESSO Reports a Net Loss of ฿3bn after Recording a Lower GRM and Sales Volumes.
25 ก.พ. 2563

Esso (Thailand) Public Company Limited (ESSO) has reported its yearly consolidated financial statement of 2019 through the Stock Exchange of Thailand as follows;

ESSO reported a net loss in 2019 at 3,065 million baht, decreased from a net profit of 2,225 million baht in 2018. The decrease was due to the decrease of selling prices and lower sales volumes as the downstream segment made a loss of 2,594 million baht, mainly due to lower crude runs from the plant-wide scheduled maintenance. Moreover, the gross refinery margin in 2019 was $2.1/bbl lower than 2018 which recorded at $4.6/bbl.