KUALA LUMPUR, April 25 (Bernama) — PETRONAS Dagangan Berhad (PDB) closed 2018 with a commendable performance, sustaining its Profit Before Tax at above RM1 billion and sales volume at 14.9 billion litres despite continued volatility of the industry and stiff competition. This demonstrates the Company’s resilience in fuelling growth, balancing immediate targets and growing for the future.
With a robust financial year ending 2018, PDB declared a total dividend of 70 sen per ordinary share at the Company’s 37th Annual General Meeting. The dividend represents a payout ratio of 81% – the highest dividend payout ratio since 2014.
