KUALA LUMPUR, Aug 27 (Bernama) — PETRONAS today announced a solid performance for the first half of 2021 driven by the Group’s continuous pursuit of operational excellence and fiscal discipline. The Group’s performance was supported by the recovery in commodity prices following improved economic conditions coupled with lower costs.
First Half FY2021 Results (Analysis against First Half FY2020)
For the first half of 2021, the Group posted a revenue of RM109.6 billion, a 17 per cent increase from RM93.6 billion in the first half of 2020, mainly attributed to favourable average realised prices for major products and higher sales volume impact mainly for liquefied natural gas (LNG) and sales gas.