Petronas Chemicals net profit rises to RM704mil


PETALING JAYA: Petronas Chemicals Group Bhd (PetChem) reported a net profit of RM704mil for its fourth quarter ended Dec 31, 2015, or a 40% increase from RM500mil a year ago.

This brings the group’s cumulative net profit to RM2.78bil for financial year 2015 (FY15), compared to RM2.47bil the year before. Total revenue declined to RM13.54bil from RM14.59bil in FY15.

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Business , chemicals , petronas , pchem

   

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