KUALA LUMPUR, Nov 18 (Bernama) — For the quarter ended 30 September 2020, PETRONAS Dagangan Berhad (PDB) saw gradual recovery from the impact of COVID-19 and Movement Control Order (MCO), recording a Profit Before Tax (PBT) of RM288.3 million as compared to RM317.7 million in the same quarter last year. Revenue for this quarter stood at RM4,830.5 million.
This quarter’s PBT is a significant improvement as compared to the preceding quarter where the Company registered RM1.2million in PBT. It is an improved performance for PDB since March 2020, with sales volume recording a 34% increase as compared to the preceding quarter, mainly contributed by higher volume in Mogas and Diesel, as nationwide activities gradually picked up from pandemic-related restrictions. In the commercial segment, Jet A1 also saw an increase in volume as domestic travel recovered. Its non-fuel income also grew as Kedai Mesra become a more convenient shopping option during this pandemic.
