On Tuesday at 10:51 AM (Bangkok time), the share price of PTT Global Chemical Public Company Limited (SET: PTTGC) rose by 1.96% or THB 0.50 to THB 26.00, with a trading value of THB 333.70 million.
Liberator Securities wrote that PTTGC reported a fourth-quarter 2025 loss totaling 5.5 billion baht. However, the deficit was smaller than analysts had foreseen due to reduced expenses and lower-than-anticipated interest payments.
Looking ahead to the first quarter of 2026, the brokerage expects a sequential recovery. This is attributed to refinery operations normalizing and a limited decline in product prices, both of which are expected to boost margins from ethane-based production. Additionally, asset monetization gains are anticipated to provide further earnings support.
PTTGC tends to benefit from shifts in product prices, which are broadly linked to Chinese economic trends. With the stock trading at just 0.4 times its estimated 2025 price-to-book value, the brokerage firm assesses that downside risk remains limited and sees potential for short-term gains.
