Petronas Chemicals prospects fired up by PIC


KUALA LUMPUR: RHB Research remains bullish on the near-term earnings of Petronas Chemicals Bhd as the long-awaited Pengerang Integrated Complex kickstarted in May.

The valuations of the petrochemicals producer, which booked solid quarterly earnings in 1Q22, continues to be attractive below its five-year mean, said RHB.

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Monthly Plan

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RM 11.12/month

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RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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