KUALA LUMPUR: Petronas Gas Bhd
(PetGas) says its fourth-quarter ended Dec 31, 2013 net profit climbed to RM393.7mil from RM295mil a year ago, while revenue increased to RM1.02bil against RM909mil previously.
The improved performance was driven by regasification revenue following commencement of the group’s LNG Regasification Terminal operations in the second quarter of 2013 and higher gas transportation revenue.
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