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Bangkok Post
Bangkok Post
Business

WP keeps revenue growth target at 5%

WP SET Petroleum Thailand

SET-listed WP Energy, Thailand's third-largest liquefied petroleum gas (LPG) trader, is maintaining its 2022 revenue growth target at 5% as the government continues to gradually reduce its LPG price subsidy.

Revenue is expected to increase to 12 billion baht this year, up from 11.5 billion baht in 2021, said deputy chief executive Noppavong Omathikul.

Sales volume is also expected to rise by 7.1% to 765,000 tonnes from 714,738 tonnes last year.

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