PETRONAS Dagangan Berhad Records Stronger Profit In Q1 FY2021 as Oil Prices Improve

KUALA LUMPUR, May 25 (Bernama) — For the quarter that ended 31 March 2021 (Q1FY2021), PETRONAS Dagangan Berhad (PDB) recorded a stronger profit against both corresponding and preceding quarter last year, as a result of higher gross profit attributed to improved Means of Platts Singapore (MOPS) prices.

For Q1FY2021, PDB has registered a Profit Before Tax (PBT) of RM285.5 million as compared to a Loss Before Tax of RM18.4 million in Q1FY2020 and a PBT of RM115.4 in Q4FY2020.

http://mrem.bernama.com/viewsm.php?idm=40114

administrator

Related Articles