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PetChem sees one-third jump in Q2 net profit to RM1.38bil


KUALA LUMPUR: Petronas Chemicals Group Bhd 's Q2 net profit grew by a third to RM1.38bil from RM1.02bil in the year-ago quarter, underpinned by fewer maintenance activities at its plants and statutory turnaround days while production and sales volumes rose.

The group also noted that higher crude oil prices led to higher overall average product prices.

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