Petronas Gas’ FY19 net profit rises to RM1.93b | Malay Mail

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KUALA LUMPUR, Feb 18 ― Petronas Gas Bhd's net profit for the financial year ended Dec 31, 2019 (FY 2019), rose to RM1.93 billion from RM1.79 billion recorded in 2018. Revenue, however, was slightly lower at RM5.45 billion from RM5.49 billion previously due to the lower revenue from gas...

On the fourth quarter results, Petronas Gas’ net profit rose to RM485.27 million compared with RM300.59 million in Q4 2018. — AFP pic

Revenue, however, was slightly lower at RM5.45 billion from RM5.49 billion previously due to the lower revenue from gas transportation and the Pengerang liquefied natural gas regasification terminal following the implementation of the Incentive-Based Regulation. On the fourth quarter results, Petronas Gas’ net profit rose to RM485.27 million compared with RM300.59 million in Q4 2018.

 

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