PetGas Q3 net profit higher at RM423mil


PETALING JAYA: Petronas Gas Bhd registered an increase of 38.6% in net profit to RM422.7mil for the third quarter ended Sept 30 from RM305mil in the corresponding quarter last year, thanks to lower unrealised foreign exchange (forex) losses.

In a statement, PetGas said the group had incurred unrealised forex losses totalling RM167.5mil for its US-dollar finance lease liabilities in the corresponding quarter last year.

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Business , Petronas Gas

   

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