Gas Malaysia results within expectations

PETALING JAYA: Gas Malaysia Bhd’s results for the second quarter ended June 30 came largely within analysts’ expectations but the Covid-19 pandemic continues to be a setback to its growth momentum.

CGS-CIMB Research said the company, which supplies and sells reticulated natural gas and liquefied petroleum gas in Peninsular Malaysia, is targeting fewer new customers in financial year 2021 (FY21).