IRPC's 9-mth profits over Bt10 bn

IRPC Plc showed a net profit of over Bt10 billion in the first nine months of this year, due to the increasing refining margin as well as lower interest burden and business restructuring.

Piti Yimprasert, president of the petrochemical company, in the filing to the Stock Exchange of Thailand attributed the 16 per cent in the nine-month net profit mainly to the integrated gross margin (GRM) for the petrochemical business.

In the third quarter alone, the gross margin expanded 18 per cent year on year, with the integrated GRM at US$11.64 per barrel.

In the third quarter, its net profit also rose 18 per cent to Bt3.48 billion.

- The Nation

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IRPC's 9-mth profits over Bt10 bn

IRPC Plc showed a net profit of over Bt10 billion in the first nine months of this year, due to the increasing refining margin as well as lower interest burden and business restructuring.

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Rules move

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