PETRONAS Dagangan Delivers Commendable Results In Q1 Fy2024 Amid Challenging Market

KUALA LUMPUR, May 21 (Bernama) — PETRONAS Dagangan Berhad today announced its financial results for the first quarter of 2024, achieving a revenue increase of RM747.6 million compared to the corresponding quarter. 
This growth was driven by a combination of factors, including a notable rise in sales volume across all business segments, the successful execution of targeted promotional campaigns and a strategic focus on high-growth areas like the commercial fleet and transportation sectors. Additionally, a resurgence in passenger traffic, particularly bolstered by the recovering tourism sector, further contributed to this positive revenue trend. PETRONAS Dagangan registered a pre- tax profit of RM326.8 million for the quarter, primarily driven by strong volume and healthy margin.

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