BANGKOK -- Major Thai gas station operator PTG Energy is retooling operations with the anticipated spread of electric vehicles, increasing coffee shops under its umbrella fivefold over the next three years and boosting the ratio of non-oil businesses in gross profit to 50%.
Energy
Thai gas station chain PTG focuses on cafes amid EV shift
Company looks to boost earnings from non-gas businesses to 50%
PTG operated about 1,000 PunThai Coffee stores in Thailand as of April, many of which are attached to gas stations. (BUILD)
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