KUALA LUMPUR, June 25 (Bernama) — PETRONAS Gas Berhad (PGB or the Group) ended 2019 with a commendable performance, achieving Profit After Tax of RM2.0 billion, 5% higher than the previous year. With higher profits and strengthened balance sheet, the Group declared total dividends of 82 sen per share for the year including a special dividend of 10 sen per share which translates to a dividend payout ratio of 84% compared to 79% in 2018, the highest ever in history.
The Group has proven to be a capable and prudent operator, through a flawless transition from an unregulated into a new Third Party Access (TPA) regulated environment last year.