KUALA LUMPUR: Petronas Gas Bhd (PetGas) recorded a net profit of RM580.84mil in the third quarter ended Sept 30, 2021, down by 1.7% from RM591.01mil in the previous corresponding period, due to the impact of unfavourable foreign exchange movement.
In a filing with Bursa Malaysia, the gas infrastructure and utilities group said it recorded unrealised foreign exchange loss of RM10.4mil relating to the translation of US dollar-denominated assets and liabilities for the quarter under review, in contrast to a gain of RM84.3mil in the same quarter in 2020.