Oil and Retail Business

Oil Business

Fuel products of the Company and subsidiaries can be divided into 2 main types as follows:

Diesel fuels, specifically high-speed diesel B7 (hereinafter called "diesel fuel")
Benzene fuels, which comprises octane-95 benzene, gasohol 95, gasohol 91 and gasohol E20 (hereinafter called "benzene fuel")

The majority of the fuel products sold by the Company are Diesel, as commercial vehicle users represent the Company’s primary customer base, both directly and indirectly. Consequently, the Company’s fuel sales volume is closely aligned with the types of registered vehicles in Thailand, most of which use diesel fuel. In addition, the Company has increasingly expanded its business presence in Bangkok and surrounding metropolitan areas, together with the continued return of customers within the PT Max Card, PT Max Card Plus, and PT Max Card Plus EV membership bases. As a result, the proportion of gasoline sales has gradually increased since 2021.

Moreover, the Company operates as an oil trader under Section 10, supplying fuels wholesale to other oil traders and industrial operators requiring large volumes of oil per batch. The purposes of these purchases may vary; for example, to resell the products to other oil traders or utilize them in manufacturing processes within their industrial facilities

Charging Station Service (For EVs)

The Company recognizes the ongoing transition of the energy industry and the increasing adoption of electric vehicles (EVs) among consumers. In response, the Company has adopted a proactive strategy to further develop its service stations to support all forms of energy products. In 2021, the Company enhanced its service capabilities through a strategic partnership with the Electricity Generating Authority of Thailand (EGAT), a leader in energy infrastructure, to launch EV charging stations under the brand “EleX by EGAT PT.” In addition, the Company has developed a new service station model under the concept of “PT GIGA EV,” serving as a prototype for urban EV users. The model is designed to be compact, space-efficient, and strategically located, with its first station situated in the Lat Phrao–Wang Hin area. Notably, this station operates as a fully EV-dedicated facility with no conventional fuel dispensers, supporting high-throughput usage and delivering a seamless, integrated customer experience.

At present, the Company continues to expand its EV charging network across the country, focusing on strategic locations along major highways and key tourist destinations to support the growth of the EV industry. This initiative also aligns with the Company’s commitment to promoting clean energy and reducing greenhouse gas emissions, thereby contributing to long-term environmental sustainability.

The Company’s EV charging stations serve both Plug-in Hybrid Electric Vehicles (PHEV) and Battery Electric Vehicles (BEV). The stations are designed to deliver a fast and efficient charging experience through DC Fast Charging technology, supporting charging capacity of up to 180 kW for passenger vehicles. Customers can conveniently access the service through the “EleXA” mobile application, which enables users to locate charging stations, scan QR codes to initiate charging, and complete payment. Two service formats are available:

Pre-booking, allowing users to reserve a charging slot within a 30-kilometer radius, and
Walk-in service at PT service stations equipped with EV charging facilities.

In addition, the Company integrates these services into the PTG business ecosystem through the PT Max Card membership program to provide enhanced benefits to customers. These benefits include the accumulation of Max Points from charging expenditures and charging discounts for Max Card Plus EV members, who receive two privileges per month valued at THB 50 per privilege. The program is further integrated with PTG’s Non-Oil businesses, such as PunThai Coffee and Max Mart convenience stores, creating added value and delivering a seamless lifestyle experience for EV users.

Retail Business

In addition to its fuel retail business, PTC also invests in and operates under the brand "Max Mart", a convenience store retail business located within PT service stations nationwide. Max Mart outlets are available in both COCO (Company-Owned Company-Operated) and DODO (Dealer-Owned Dealer-Operated) service stations.

The selection of locations for opening convenience stores focuses on service stations situated in areas with strong community growth potential and suitable investment conditions. The key criteria for consideration include the following:

The number of service station customers and fuel sales volume at the station.
Accessibility through major and secondary transportation routes with strong potential for area development.
Service station locations situated near dense residential communities, commercial districts, government offices, or large-scale commercial areas, as well as transportation networks connecting the surrounding areas.
Adequate commercial space within the service station to effectively serve the station’s customer base.

PTC has also refined its management approach for convenience stores in order to enhance operational efficiency and better respond to customer needs. This includes improving the Max Mart store image and branch formats, upgrading store equipment to create a more modern retail environment, and expanding product assortments to better align with consumer preferences.

In addition, PTC plans to expand the Max Mart network across more locations nationwide to enhance the service completeness of PT service stations and better meet the needs of customers visiting the stations.

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