PETALING JAYA: Petronas Gas Bhd’s (PetGas) net profit rose by nearly 20% year-on-year (y-o-y) in the second quarter ended June 30, mainly on the back of higher revenue and lower tax expenses.
The subsidiary of Petroliam Nasional Bhd (Petronas) said in a filing with Bursa Malaysia that its bottom line for the quarter increased to RM509.33mil compared with RM425.33mil a year earlier.
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