In a related development, the Employees Provident Fund (EPF) sold 25 million shares of its holdings in Petronas Chemicals on Nov 3.
PETALING JAYA: Petronas Chemicals Group Bhd
’s quarterly net profit rose marginally with revenues rising at a higher quantum of 13% due to higher prices and a strengthening of the US dollar coupled with higher sales.
The company saw its third quarter ended Sept 30 net profit rising to RM913mil from RM891mil a year ago with basic earnings per share remaining flat at 11 sen compared with the same quarter a year ago.
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