THAILAND PRESS-Bangchak eyes non-oil business as retail margins dip - Bangkok Post
Bangchak Petroleum Pcl, a majority state-owned oil refiner and retailer, has earmarked 10 billion Thai baht ($303.5 million) to develop its refineries and expand into non-oil business next year, the Bangkok Post reported, citing the company's President Vichien Usanachote.
The company is looking at non-oil business as a means to rely less on oil revenue, as the retail margin was "really slim", the report said.
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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (1 US dollar = 32.9500 Thai baht) (Bangkok Newsroom; Editing by Gopakumar Warrier)
