KUALA LUMPUR, Aug 25 (Bernama) — PETRONAS Dagangan Berhad (PDB) recorded stronger profit for the quarter ended 30 June 2022 (Q2 FY2022) compared with the corresponding quarter last year.
For the quarter under review, PDB registered a Profit Before Tax (PBT) of RM315.5 million compared with RM89.9 million in Q2 FY2021, due to improved economic environment. Higher sales volume and higher average selling prices resulted in an increase in revenue by 83 per cent to RM9.5 billion, in comparison with the corresponding quarter last year. For the cumulative six-month period ended 30 June 2022, revenue increased by 66 per cent to RM17.1 billion compared with the corresponding period last year.