PTG to ramp up non-energy expense

released : 4 Mar 2023 at 08: 11 Mr Pitak, left, offers a keynote address at the ‘Drive For Tomorrow: Business Outlook 2023’ press conference. PTG Energy Plc, Thailand’s second-largest fuel trader by sales volume, pledges to boost its financialinvestment in the non-oil and gas organization over the next 5 years to sustain development in the long run. According to chief executive Pitak Ratchakitprakarn, in the past the business utilized to splurge 60-70% of its yearly financialinvestment budgetplan to broaden its oil organization, however this year it will shift the lion’s share of the spendingplan to non-oil and brand-new organizations, investing 2-2.5 billion baht and 1.5-2 billion baht, respectively. Some 1-1.5 billion baht will be utilized to broaden its oil organization this year, stated Mr Pitak. The business anticipates to boost overall coffee stores of both Punthai and Coffee World brandnames to 1,523 branches in 2023 and 5,138 branches in
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