Revenue was 5.8% lower y-o-y to RM3.46bil, largely due to lower product prices.
PETALING JAYA: Petronas Chemicals Group Bhd
(PCG) has posted a 14.8% year-on-year (y-o-y) drop in net profit to RM471mil for its third quarter ended Sept 30, due mainly to a foreign-exchange loss on the revaluation of a shareholder loan to a joint operation company and lower interest income generated from fund placements, partially offset by a lower tax expense.
Revenue was 5.8% lower y-o-y to RM3.46bil, largely due to lower product prices.
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