Bangkok--18 Jul--PTT
Fortune Global 500 Ranking this year ranked PTT No. 265 compared to the previous year ranking at No. 373 which not only reflected the high performance of the firm’s management but also indicated strong investors’ confidence toward Thailand.
Mr. Prasert Bunsumpun, President of PTT Public Company Limited (PTT), revealed that Fortune, the US-based international leading investment magazine, reported its 2006 Fortune Global 500 Ranking Result in which PTT was ranked 265th. With the total revenue of US$23.109 billion in 2005, 44.2% higher from the previous year, and the net profit of US$2.126 billion, higher by 36.5%, PTT is the only Thai company this year to be honored as one of the top 500 biggest companies.
Mr. Prasert added that PTT was ranked 108 places higher from 373rd last year to 265th this year due to the hard effort of PTT and the Group’s management and employees as well as the management efficiency of their Board of Directors and great support from all stake holders. Such success of PTT also reflects Thailand’s positive outlook which has largely gained strong investors’ confidence from both local and abroad.
Corporate Public Relations Department
PTT Public Company Limited