Mr. Kongkrapan Intarajang, President and Chief Executive Officer of PTT Public Company Limited, revealed that the PTT board has approved a new strategy under the vision of 'PTT, Strong Together with Thai Society and Sustainable Global Growth' or 'TOGETHER FOR SUSTAINABLE THAILAND, SUSTAINABLE WORLD' to accelerate the strengthening and increasing the competitive potential in the Hydrocarbon business, which is the core business with expertise, along with reducing greenhouse gases and reducing non-profitable assets. The Downstream business will adapt to the changes and build strength together with partners. PTT is preparing to reduce the investment proportion. Currently, it is in the process of negotiating to find a partner to invest in the refinery and petrochemical business. However, PTT will remain the major shareholder and will increase the strength of its subsidiaries. The oil and retail businesses must focus on the Mobility Partner of Thais, adjusting the investment portfolio to be strong, including main taining market leadership. The EV business will focus on the EV charging station business because of OR's strengths in having gas stations nationwide. Meanwhile, PTT's current liquidity is around 100 billion baht, and if the entire group includes it, it is around 450 billion baht, which is a budget prepared to manage if there is an impact from the global geopolitical crisis, including a budget ready to find investment opportunities. For the first half of this year, the net profit was 64,437 million baht, an increase of 34.4%. The PTT board has approved the interim dividend payment at 0.80 baht per share, resulting in the PTT Group sending a total of 35,684 million baht to the government, which will be part of the development of Thai society and economy. Source: Thai News Agency