Caution comes amid fragile oil demand recovery, limited price upside
PETALING JAYA: Amid a fragile recovery in demand and limited upside for crude oil prices, analysts are cautious on Petronas Chemicals Group Bhd
’s (PetChem) earnings for the year.
MIDF Research has revised downward its FY20 earnings estimate for the company by -13.6% to RM1.589bil from RM1.840bil previously.
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