Petronas eyes RM96bil profit for 2013


  • Business Premium
  • Wednesday, 13 Nov 2013

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) expects to rake in a pre-tax profit of RM95bil to RM96bil this year, surpassing last year’s RM89.1bil, helped by a stronger US dollar and oncoming production.

This is assuming crude oil prices average between US$106 and US$108 per barrel and an exchange rate of RM3.12 to RM3.15 to the dollar, group chief executive officer Tan Sri Shamsul Azhar Abbas said.

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