PTT Ranked 81st among Fortune 500
OREANDA-NEWS. From No. 95 on the Fortune 500 list last year, PTT has moved up to 81st: a proof of the management capability of the national energy company and investors’ confidence in Thailand.
Mr. Pailin Chuchottaworn, PTT Plc President & CEO, said the latest Fortune Global 500 ranking of top corporations worldwide for 2013 has PTT at No. 81, an improvement over No. 95 last year, with USD 89,945 million in revenue and USD 3,370 million in profits. He added that PTT was the sole Thai company to manage the list this year.
The PTT chief added that this improvement in ranking resulted from the dedication of all PTT Group personnel and management teams, management capability of the boards of directors, and fine support extended by the shareholders and stakeholders, while reflecting Thailand’s ability to instill confidence among worldwide investors.
While PTT’s steady ranking improvement over the years indicates its exceptional management, dynamic growth has accompanied PTT’s consistent valuing of sustainability. To elaborate, to turn PTT into a centennial organization that forges national energy security and drives the Thai economy, PTT’s commercial growth must accompany the strengthening and fostering of sustainability for society, communities, and all stakeholders.
In undertaking this ranking exercise, Fortune 500 examines performance data and survey outcomes of leading analysts and business people worldwide. PTT is the sole Thai company this year to make the list this year.
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