Petron Malaysia’s 1Q net profit rises to RM109mil

Petron Malaysia chairman Ramon S. Ang

KUALA LUMPUR: Petron Malaysia Refining & Marketing Bhd, which posted a net profit of RM108.7mil in the first quarter ended March 31 (1Q23), will continue to leverage on its strengths and work on sustaining this positive momentum.

“We are pleased to deliver a strong performance at the start of the year. Despite volatilities in the market, our growth and risk management mindset has allowed us to adapt and even thrive amid this constantly changing business landscape,” chairman Ramon S.Ang said in a statement.