Petronas Chemicals Bhd registered the highest net money inflow of RM9.47mil last week.
KUALA LUMPUR: Petronas Chemicals Group Bhd
’s (PetChem) net profit fell by 24.7% in the first quarter ended March 31, 2019 due to lower revenue and higher operating expenditure.
It announced in a statement yesterday its net profit fell to RM802mil from RM1.065bil a year ago. Its revenue declined by 16.5% to RM4.13bil from RM4.95bil largely due to lower product prices and sales volumes, partially offset by the weakening of the ringgit against the US dollar.
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