In a filing to Bursa Malaysia yesterday, the group said the operating expenses were up in the quarter on the back of higher support services costs as well as depreciation and amortisation.
KUALA LUMPUR: Petronas Dagangan Bhd
’s (PetDag) net profit slipped 45% to RM172.75mil for the second quarter ended June 30,2019 (2Q19) from RM314.42mil due to lower retail and commercial segments’ margins as well as a decline in the Mean of Platts Singapore (MOPS) price trend.
In a filing to Bursa Malaysia yesterday, the group said the operating expenses were up in the quarter on the back of higher support services costs as well as depreciation and amortisation.
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