ESSO’s Profit Hikes 8% to ฿1,027M As a Result of Higher Production/Favorable PX Margins

Esso (Thailand) Public Company Limited (ESSO) has reported its 1Q19 consolidated financial statement through the Stock Exchange of Thailand as follows: 

ESSO earned a net profit of THB 1,027.14 million, an increased of 75 million or 8% in the first quarter of 2019 compared to the same period of last year at THB 953.20 million, primarily supported by Petrochemical segment as a result of higher production and favorable paraxylene margins.