BANGKOK, THAILAND -
Media OutReach Newswire
- 7 April 2026 - PTT Oil and Retail Business Public Company Limited
(OR), Thailand's largest energy and lifestyle retail operator, reported
2025 EBITDA of 20,357million baht (approximately USD 645 million), a
15.2% increase year-on-year, as net profit rose 47.8% to 11,304 million
baht (approximately USD 357 million) despite a 9.0% decline in total
revenue. The results reflect stronger cost management and a continued
shift in the company's growth strategy toward ecosystem-led expansion
across mobility, retail and digital services.
To support that expansion, OR has committed 58,000 million baht
(approximately USD 1.84 billion) under a five-year investment plan
running from 2026 to 2030. The plan prioritizes mobility infrastructure
development, lifestyle platform enhancement, EV charging network
expansion, and innovation investment — with the aim of consolidating
OR's position as an integrated mobility and consumer ecosystem operator
across the region.
OR's existing infrastructure provides a significant base from which to
execute that strategy. The company's nationwide service station network
currently serves 3.9 million users per day, one of the consumer
touchpoint frequencies in Thailand, with a target to reach 5 million
daily users by 2030. The network integrates fuel retail, EV charging
under the EV Station PluZ brand, food and beverage, health and wellness,
and lifestyle services. Café Amazon, OR's coffee chain, operates more
than 4,600 outlets in Thailand and international markets, contributing
to sustained consumer traffic across the network. Most recently, OR
announced a joint venture with Centara to develop budget hotels at PTT
Stations, targeting 70 to 80 rooms per site alongside existing amenities
— a move that extends the network's role from daily convenience into
overnight hospitality.
OR is expanding EV Station PluZ further in step with its existing fuel
network as electric vehicle uptake accelerates across Southeast Asia.
The move reflects both the region's shifting policy landscape and
growing infrastructure demand, with OR positioning the mobility
transition as a long-term growth opportunity and a gateway for
partnership-driven market entry across the region.
OR's digital platform reinforces the physical network's reach. The
blueplus+ loyalty application has accumulated 9.3 million registered
members, with a target of 14 million by 2030. Beyond driving repeat
visits, the platform gives OR granular visibility into consumer behavior
across its entire ecosystem — enabling personalized engagement,
cross-selling across business lines, and new revenue streams that a
purely physical network could not unlock. With membership scale still
growing, OR sees the model as a strong foundation for data-led consumer
engagement as it pursues regional expansion across Asia.
OR is also in discussions regarding cross-border expansion models that
would allow regional dealers, investors and operators to access its
ecosystem infrastructure. OR is positioning itself to potential partners
not as a conventional energy retailer but as an integrated lifestyle
and mobility platform with the operational scale and digital
capabilities to support localized deployment across diverse Asian
markets.
"Our strategy is simple: to integrate and create synergy through a
scalable and sizable model. We've built a profitable digital-physical
ecosystem and are now seeking strategic partners to unlock growth in
Asia's fast-moving mobility and consumer sectors.," said
M.L. Peekthong Thongyai, Chief Executive Officer of PTT Oil and Retail Business Public Company Limited.