PTT Global Chemical Public Company (PTTGC) Q3 2025 earnings summary

Executive summary

• Maintained top position in Dow Jones Sustainability Indices for six consecutive years, reflecting strong ESG performance.

• Focused on portfolio transformation, holistic optimization, high-value business, and sustainability to drive long-term competitiveness.

• Strategic asset monetization and deleveraging initiatives underway to strengthen financial position.

• Reported a consolidated net loss of Baht 3.07 billion for Q3 2025 and Baht 9.43 billion for the nine-month period ended 30 September 2025.

• Total comprehensive loss for Q3 2025 was Baht 1.65 billion, and for the nine-month period was Baht 2.93 billion, reflecting significant other comprehensive income gains.

Financial highlights

• Q3/2025 revenue declined 15% YoY and 5% QoQ; YTD revenue down 17%.

• Q3 2025 revenue was Baht 127.5 billion, with gross profit of Baht 5.79 billion.

• Net loss after tax for Q3/2025 was THB 2,915 million, a 19% improvement QoQ but 85% lower YoY.

• Adjusted EBITDA for Q3/2025 was THB 5,147 million, down 39% YoY and 15% QoQ.

• Loss per share was Baht 0.73 for Q3 2025 and Baht 2.20 for the nine-month period.

Outlook and guidance

• 2026 focus on performance recovery through increased production, cost control, and asset monetization.

• Ethane feedstock expected to normalize, supporting higher utilization and earnings.

• Ongoing efficiency projects and innovation platforms to drive future growth.

• No explicit forward-looking guidance provided, but continued focus on managing costs and capital structure is implied by capital allocation activities.