PTG Energy Plans Major Expansion in Coffee and Fuel Sectors
PTG Energy plans to invest 6-7 billion baht in expanding its petrol stations and growing its Punthai Coffee brand in 2025. The expansion will involve adding 60 new petrol stations, renovating 100 existing ones, and increasing the number of Punthai coffee shops. PTG also signed an agreement with various organizations to secure sustainable coffee bean supplies and support northern Thai farmers.
PTG Energy, a prominent Thai oil retailer, announced plans for a significant investment of 6-7 billion baht in 2025 to expand its operations.
This investment includes adding 60 new petrol stations and renovating 100 existing ones, as well as growing its Punthai Coffee brand.
PTG aims to increase the number of Punthai coffee shops from 1,020 to 1,300 by the end of the year, with plans to add 1,000 more next year.
The company signed a memorandum of understanding with the Royal Forest Department, Mae Fah Luang Foundation, and the Bank for Agriculture and Agricultural Cooperatives to secure a sustainable supply of coffee beans.
This initiative supports northern Thai farmers and promotes coffee plantations as an alternative to monoculture crops.
PTG's growth strategy is expected to drive double-digit revenue growth in 2025, aided by its membership program, PT Max Card, which has 23 million members.
This investment includes adding 60 new petrol stations and renovating 100 existing ones, as well as growing its Punthai Coffee brand.
PTG aims to increase the number of Punthai coffee shops from 1,020 to 1,300 by the end of the year, with plans to add 1,000 more next year.
The company signed a memorandum of understanding with the Royal Forest Department, Mae Fah Luang Foundation, and the Bank for Agriculture and Agricultural Cooperatives to secure a sustainable supply of coffee beans.
This initiative supports northern Thai farmers and promotes coffee plantations as an alternative to monoculture crops.
PTG's growth strategy is expected to drive double-digit revenue growth in 2025, aided by its membership program, PT Max Card, which has 23 million members.
