Back to Homepage
PTC 1.74 THB +0.02 (1.16%)
TH
Company Summary
Company Summary
Premier Tank Corporation Public Company Limited

Established: 16 January 2013

Nature of Business: Operates a fuel depot business for receiving, storing, blending, and distributing fuel products.

Company History

2023

  • The 2023 Annual General Meeting of Shareholders of Premier Tank Corporation Public Company Limited was held on Friday, April 21, 2023 voted to approve the change in the objectives of the capital increase from the IPO for the first time (IPO).
  • The Board of Directors Meeting No. 5/2023 held on 15 December 2023, the Board passed the resolution to approve the establishment of a new subsidiary company. For produce, procure, and sell tap water filtration systems for household consumption. Premier Tank Corporation Public Company Limited holds the shares in the ratio of 79.9999 %

2022

The Company was listed on the MAI market and opened for trading on February 15, 2022.

2021

The 2021 Annual General Meeting of Shareholders approved the plan to register the Company on the Market for Alternative Investment (MAI) with the following resolutions:

  • Approved the allocation of 110,000,000 newly issued ordinary shares of the Company at a par value of 0.50 baht per share for the initial public offering ( IPO) representing 26.83 percent of the total paid-up capital after the IPO.
  • Approved the listing of the Company’s ordinary shares as listed securities on the Market for Alternative Investment (MAI).
  • the Company filed a registration statement and draft prospectus (Filing) for the initial public offering (IPO) of the newly issued ordinary shares.

2019

The Company was certifed for Quality Management System (ISO9001:2015), Occupational Health and Safety Management Standard (ISO45001:2018), Environmental Management System Standard (ISO14001:2015). The company increased its capital by 50 million Baht from the initial registered capital of 100 million Baht to 150 million Baht, divided into 300 million ordinay shares with 0.50 Baht par value to be used as working capital and expanding the business as well as being registered as a public company in preparation for listing in the stock exchange. In addition, PTC Sisaket Oil Terminal was completed and ready to provide services for receiving, stroring, blending and dispensing oil. It can supply all products of oils and serve many brands of petro seller with loading capacity of up to 2.6 million liters per day. The company had a service contract with PTT Oil and Retail Public Company Limited (OR) firstly.

2018

The existing shareholders sold 23 million shares, representing 23% of the total number of shares of the company, to C4 Corporation Company Limited, a subsidiary of Tapaco Public Company Limited, at a price of 52.00 baht per share. 10 baht per share (or equal to 5,200.00 baht per share at 1,000 baht per share), which is the price referred to by an independent appraiser.

2016

The Company constructed the second fuel depot at Kanthararom District, Sisaket Province, which is a depot that uses the in-line blending system to be able to provide fuel water blending services according to customer formulas.

2015

The Company has invested in 2 additional both loading and unloading bays, therefore loading capacity is increasing to 4.2 million liters per day. The terminal can serve customers more conveniently and quickly. It also install Product Unlaod Contraminated Protection system which is a fault-tolerant system to avoid damage to the oil quality that the company has developed.

2014

The Company operated the first fuel depot in Nam Phong District, Khon Kaen Province under the name of PTC Khon Kaen Depot with a maximum fuel dispensing capacity of 3.2 million liters to meet the demand for fuel in the upper northeastern region. PTT Public Company Limited is a service user in the same year with a long-term service contract.

2013

Premier Tank Corporation Co., Ltd. (the “Company”) with registered capital of 100 million baht, totaling 100,000 shares, at a par value of 1,000 baht per share, to operate a business relating to fuel depots by providing a service for collecting and distributing finished oil products. The Company has changed the par value from 1,000 baht per share to 10 baht per share, with a total number of shares of 10,000,000 shares, maintaining the registered capital at 100 million baht.

Vision

“Be a stable and strong value chain in national infrastructure, utilizing sustainable and responsible management practices and top choice for customers as a business partner.”

Mission

“Develop infrastructure and services that are safely, efficient, and effective to meet customers’ needs, with high-quality standards.”

“Premier” Core Values
P
Passiopassion For Excellence
R
Reliability
E
Efficiency
M
Moving Fast
I
Integrity
E
Environment And Safety
R
Responsibility

Nature of Business Operations

Premier Tank Corporation Company Limited (“Company”) provides fuel storage and distribution services to gas stations under the trademark of PTT Public Company Limited (“PTT”) by constructing a fuel depot. The first fuel depot was established in Khon Kaen to provide services to gas station groups in the upper northeastern region in October 2014. Following by the second depot in Sisaket province in July 2019, which the Company has added an inline fuel blending service in the service process. As a result, the Company is able to provide service to many petrol stations under the trademarks of oil traders and become a gas distribution service provider located in an area that can provide services covering the entire northeastern region. The Company acts as a fuel reserve and distributes fuel to gas stations in nearby areas. This will help facilitate and increase transportation options and fuel reserves of such operators for maximum efficiency which will help increase efficiency in the supply chain of the energy industry.

Financial Position

Remark:
The SET website displays the financial statements submitted by each listed company. The accounting period of this information varies, depending on the fiscal year-end of individual companies as there are some firms whose fiscal year-end is not December 31 or is not a standard 12-month fiscal year. Please see more information for a particular company by downloading financial statement.

Statement of Income

(Unit: Million Baht)
Rental and Services Income
(Unit: Million Baht)
Gross Profit
(Unit: Million Baht)
Profit (Loss) for the year
Profitability Ratios
(Unit: Times)
Debts to Equity
(Unit: %)
Return on Fix Asset
(Unit: Times)
Current Ration

Major Shareholders

Dividend Policy and Payment

The Company’s dividend policy is to distribute dividends of at least 40% of the net profit after deductions for income tax and all legal reserves as required by law and articles of association of the Company.

However, the dividend payment must not over than the retained earnings on the separate financial statements and In case where a company has the separate financial statements accumulated loss, non dividends be paid.

However, the Company’s dividend payment may be adjusted depending on the performance, financial condition and Company liquidity, the need for working capital, future business expansion plans and other factors relating to management of the Company’s business as the Board of Directors deem appropriate.

Stock Information

As of 03 May 2024

PTC
1.74 THB
+0.02 (1.16%)
Volume (Shares) :
84,211
Value (Baht) :
147,341
Prior :
1.72
Open :
1.71
Day's Range :
1.70 - 1.80
52 Weeks' Range :
1.24 - 2.48
Premier Tank Corporation Public Company Limited

2034/69 Italthai Tower, 15th Floor, New Petchburi Road, Bangkapi Sub-District, Huai Khwang District, Bangkok 10310

Investor Relations Contact

Miss Phattaya Ngowsakul

Tel: 02-318-4013

Email: investor_relation@premiertankcorp.com

Disclaimer : The information contained herein is being furnished on a confidential basis for discussion purposes only and only for the use of the recipient, and may be subject to completion or amendment through the delivery of additional documentation. except as otherwise provided herein, this document does not constitute an offer to sell or purchase any security or engage in any transaction. the information contained herein has been obtained from sources that the Premier Tank Corporation Public Company Limited. (“PTC”) considers to be reliable; however, PTC makes no representation as to, and accepts no responsibility or liability for, the accuracy or completeness of the information contained herein. any projections, valuations and statistical analyses contained herein have been provided to assist the recipient in the evaluation of the matters described herein; such projections, valuations and analyses may be based on subjective assessments and assumptions and may utilize one among alternative methodologies that produce differing results; accordingly, such projections, valuations and statistical analyses are not to be viewed as facts and should not be relied upon as an accurate representation of future events. the recipient should make an independent evaluation and judgment with respect to the matters contained herein.