PetDag posts RM191mil profit in Q1, Covid-19 clouds demand outlook 


KUALA LUMPUR: Higher fuel prices boosted petrol pump operator Petronas Dagangan Bhd's earnings in the first quarter, but demand was impacted by travel restrictions to curb the spread of the Covid-19 pandemic.

The company posted a net profit of RM191mil, or 19.2 sen share in the three-month ended March 31 compared with a loss of RM29.4mil a year ago when the pandemic first hit the country.

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