PETRONAS Gas Berhad Posts Strongest Results To-Date For FY2021, With Second Consecutive RM 2 Billion Profit Achieved

KUALA LUMPUR, Feb 22 (Bernama) — PETRONAS Gas Berhad Group of Companies (PGB or the Group) closes its financial year 2021 with a Profit After Tax (PAT) of RM2.11 billion, underpinned by sustained revenue streams and lower costs. This achievement marks the second year where the Group exceeds the RM2 billion PAT mark, following RM2.08 billion recorded in 2020.
 
For financial year 2021, Group Revenue stood at RM5.65 billion, higher than RM5.59 billion reported in 2020, mainly contributed by higher revenue from Utilities and Regasification segments. The Utilities business recorded higher sales volume to new customers secured while Regasification registered new revenue streams from LNG reloading at Regasification Terminal Sungai Udang and LNG truck loading at Pengerang respectively.

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