Susco confident it will meet target of 20 new petrol stations this year
Oil company Susco Plc will press ahead with meeting its target of opening 20 petrol stations this year, 10 of which have already been constructed and the other 10 should be completed later in the year, managing director Chairit Simaroj said.
The construction of the 20 new stations was briefly disrupted by the Covid-19 outbreak, he said, adding that the renovation of Susco’s existing stations in Bangkok and Greater Bangkok might have to be postponed as the company wants to keep cash in hand as part of risk diversification.
He added that the company has sufficient cash flow.
As of 2019, Susco Plc has 240 petrol stations.
