PetDag CEO and managing director Mohd Ibrahimnuddin Yunus said they estimated a 3% growth in demand for bitumen this year.
This follows PetDag’s 33% increase in sales volume for the bitumen segment in 2014, compared to the previous year .
Speaking to reporters after the company’s AGM on Wednesday, he said the bitumen segment had contributed to 15% of the profits in the overall commercial business.
The commercial business contributed 40% of PetDag’s net profit in FY15.
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