KUALA LUMPUR: Petronas weak results for the first quarter ended March 31, 2015 were within Moody's Investors Service expectations and have been factored into its A1 Stable ratings.
In a statement released today, Halan said on a full year basis, Moody's believes that the company's earnings would decline by around 30%, given the US$55 per barrel (bbl) average Brent crude price assumption for 2015.
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