Higher oil prices enables Petronas to pay RM24bil dividend to govt


Strong Q2: Wan Zulkiflee (left) speaking at Petronas

KUALA LUMPUR: National oil company Petroliam Nasional Bhd (Petronas), which saw its net profit in the second quarter almost doubling, has raised its dividend payment to the Government to RM24bil.

Petronas had earlier guided to pay RM19bil in dividends to the government this year.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Petronas , oil , prices , dividend , government ,

   

Next In Business News

ITMAX gets RM105mil DBKL variation order
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
Chinese firms invest in ‘green’ jet fuel
Are MAHB minority shareholders being blindsided?
Maxis gets off to a strong start to the year
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
MFM allocates RM300mil to improve grain, poultry operations
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
Toyota repeatedly halts Mexico plant after suppliers hit by labour shortage

Others Also Read