KUALA LUMPUR, April 20 (Bernama) — PETRONAS Gas Berhad (PGB or the Group) ended 2020 with a commendable performance, achieving Profit After Tax of RM2.08 billion, 5% higher than the previous year. With robust financial results, the Group declared total dividends of 127 sen per share for the year including a special dividend of 55 sen per share, which translates to a healthy dividend payout ratio of 125% compared to 84% in 2019.
PGB held its 38th Annual General Meeting (AGM) virtually today to present the Company’s performance to its shareholders for the financial year ended 31 December 2020. The AGM was chaired by the company’s Chairman, Adnan Zainol Abidin, who is also PETRONAS’ Executive Vice President & Chief Executive Officer of Gas + New Energy, together with PGB Managing Director and Chief Executive Officer, Abdul Aziz Othman and PGB Chief Financial Officer, Shariza Sharis Mohd Yusof. The event was also joined by other Board members and shareholders remotely from their respective locations.
