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.