PETALING JAYA: Petronas Gas Bhd (PetGas) posted a 45% jump in net profit to RM571.3mil for its fourth quarter ended Dec 31, 2014, up from RM393.7mil a year earlier, in line with improved utilities revenue as a result of higher customer offtake and an upward electricity tariff revision.
It recorded an 8.1% increase in revenue to RM1.1bil from RM1bil a year earlier, bringing its year-to-date net profit and revenue to RM1.8bil and RM4.4bil, respectively.
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