PGas posts 9-month net profit of RM472mil


  • Business
  • Wednesday, 19 Feb 2003

Petronas Gas Bhd has posted a net profit of RM471.85mil on sales of RM1.69bil for the nine months to December 2002, up from the year-earlier profit of RM359.72mil on sales of RM1.43bil.  

The company said it processed a higher volume of gas, which entitled it to earn additional flow-rate revenue, and higher industrial utilities sales from its Centralised Utility Facility (CUF) due to a build-up of customers' plant utilisation. 

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