PETRONAS Dagangan net profit jumps to RM943.07mil in FY23


KUALA LUMPUR: Petronas Dagangan Bhd (PDB) saw its net profit jump to RM943.07 million in the financial year ended Dec 31, 2023 (FY2023) from RM776.59 million on the back of higher gross profit from all segments and interest income.

In a filing with Bursa Malaysia today, PDB said revenue expanded to RM37.54 billion from RM36.74 billion driven by an eight per cent sales volume growth despite a six per cent drop in average selling price.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
PDB , Petronas Dagangan , Kedai Mesra

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read