Tengku Zafrul says will facilitate PM’s meeting with Microsoft CEO in mission to make Malaysia Asean’s digital hub
Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz speaks at the announcement of the national oil company’s results for last year at Petronas Twin Towers, Kuala Lumpur, March 15, 2024.
The national oil company also held its commitment to the National Trust Fund with a contribution of RM2 billion in 2023.Executive vice-president and group chief financial officer Liza Mustapha said Petronas will pay a total of RM32 billion in dividends to the government in 2024. “The board has approved the dividend payment of RM32 billion which will be paid between March and December. It had just been approved yesterday,” she said.
Petronas posted a lower net profit of RM80.7 billion in the financial year ended December 31, 2023 compared to RM101.6 billion in the previous year, mainly impacted by lower average realised prices.For the fourth quarter, the national oil company’s net profit decreased to RM16.6 billion from RM24.4 billion, while revenue dropped to RM91.7 billion from RM104.2 billion. — Bernama
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Over Half of Job Vacancies in Q4 2023 Were in Semi-Skilled CategoryThe total number of jobs increased by 2.1% to 8.94 million openings in the fourth quarter of 2023 (Q4 2023) from 8.76 million jobs during the same period in the year before, said the statistics department.
Source: fmtoday - 🏆 5. / 72 Read more »
Economic Growth in 2023 Falls Below ExpectationsThe economic growth in 2023 was worse than expected and lower than the advance estimates, indicating a significant contraction in the economy. This decline is attributed to short-term policies and low domestic and international demand.
Source: fmtoday - 🏆 5. / 72 Read more »
Utusan Malaysia dinobat akhbar paling berpengaruh 2023Utusan Malaysia dinobatkan sebagai Akhbar Paling Berpengaruh 2023. Pengiktirafan itu diraih Anugerah Persatuan Fesyen, Model Pageant Malaysia
Source: UMonline - 🏆 27. / 51 Read more »
EPF declares 5.5% dividend rate for 2023The Employees Provident Fund (EPF) has declared a dividend rate of 5.5% for Conventional Savings for 2023, with the total payout amounting to RM50.3bil.
Source: staronline - 🏆 4. / 75 Read more »
EPF Announces 5.5% Dividend Rate For 2023, 5.4% For Syariah SavingsIt is an increase from last year’s EPF dividend payout.
Source: therakyatpost - 🏆 14. / 59 Read more »
OSK Ventures International charts US$6.5m income amidst a challenging 2023 for private equityDelivered y-o-y income growth of 32%, PAT of US$5.04mil Five new transactions into its investment portfolio, exited one company In a filing to Bursa Malaysia last week on its fourth quarter (4Q2023) and full-year results for the financial year ended 31 Dec 2023 private equity company, OSK Ventures International Bhd, recorded income of US$6.
Source: DNewsAsia - 🏆 23. / 51 Read more »