Petron to pursue growth opportunities

PETALING JAYA: Petron Malaysia Refining and Marketing Bhd will continue to pursue growth opportunities through investments in retail network expansion, supply chain optimisation and sustainable initiatives.

The company told Bursa Malaysia it will navigate 2024 with cautious optimism, as oil price volatility may likely persist.

For the fourth quarter ended Dec 31, 2023 (4Q23), it reported a net profit of RM41.42mil compared with a net loss of RM21.37mil in 4Q22, while revenue rose to RM4.49bil from RM4.27bil.