PTTGC issues robust five-year earnings forecast | Bangkok Post: business

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PTTGC issues robust five-year earnings forecast

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PTT Global Chemical Plc (PTTGC) expects its earnings before interest, taxes, depreciation and amortisation (Ebitda) to rise by 5-6% annually over the next five years on continuous expansion and improved production efficiency. 

The country's largest petrochemical producer reported Ebitda of 55 billion baht last year, of which 57% came from olefins, 16% from aromatics, 15% from refineries, 2% phenol, 2% green products and 8% from other products.

Chief executive Anon Sirisaengtaksin said by 2017, its Ebitda will be 15-30% higher than last year.

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