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PTT achieves the top position among Thailand’s leading firms and ranks second in Southeast Asia by Fortune, reflecting global excellent performance and success

20 June 2024

         Dr. Kongkrapan Intarajang, Chief Executive Officer & President, PTT Public Company Limited (PTT) stated that PTT is ranked the first among Thailand’s leading companies and the second-largest in the region, according to the inaugural Fortune Southeast Asia 500 list. This first-ever ranking, based on financial performance in the fiscal year 2023, ranks companies based on revenue. Inclusion on the inaugural list is underscores the strength of PTT’s business and strategic direction for organizational growth, and highlights PTT’s position among the largest corporations in Southeast Asia.

         Dr. Kongkrapan noted that PTT is proud to lead the national rankings in Thailand and to have been ranked the second-largest company in Southeast Asia, which highlights our potential to enhance energy security, drive economic growth, and maintain a “balanced sustainability” approach through good governance, alongside social and environmental responsibility. This reflects a robust, multi-dimensional business strategy such as the development of the hydrocarbon business, which encompasses petroleum exploration and production, natural gas, electricity, petrochemicals and refining, oil and retail.  Furthermore, PTT has ventured into new business operations, known as the New S-Curve, including electric vehicles (EV) business, logistics, life sciences, and industrial AI.  The company has additionally embraced the sustainability approach, aiming at reducing greenhouse gas emissions and achieving the Net Zero goal.

         Fortune is an internationally renowned business, economic, and financial media organization with a 70-year history of publishing the authoritative and iconic Fortune 500 in 1955. Today, the world’s largest companies are ranked under the franchise which spans the Fortune 500, Fortune Global 500, Fortune Europe 500, Fortune China 500, and more recently, the Southeast Asia 500. PTT is proud that the list has been regarded as an indicator of our success and business performance, including strategic directions to expand marketing opportunities, serving as another driving force for the global economy to thrive even further.

         #PTT goes strong with Thai society and achieves global sustainable growth #TOGETHER FOR SUSTAINABLE THAILAND , SUSTAINABLE WORLD