The state-run player booked a net profit of $35.13 million as against a profit of $560.46 million a year earlier.
Revenues waned from $1.95 billion to $1.44 billion despite total production rising from 315,810 barrels of oil equivalent per day to 325,534 boepd as oil prices slumped.
Expenses were largely the same at $1.32 billion, with PTTEP seeing smaller exploration costs but higher depreciation costs.
There
