Petronas Dagangan’s Q3 earnings slip 6.8% to RM226.21m


KUALA LUMPUR: Petronas Dagangan Bhd’s earnings fell 6.8% to RM226.21mil in the third quarter ended Sept 30, 2013 from RM242.81mil a year ago due to the increase in average cost of products and higher operating expenditure.

It said on Thursday the unfavourable Means of Platts Singapore (MOPS) price movement and higher operating expenditure have resulted in a profit before tax of RM315.7mil for Q3, 2013, down by RM24.8mil from the RM340.49mil a year ago.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Kelington to reap the benefits of a diversified business strategy
Rising data centre ability
Making scents of success
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact

Others Also Read