PETRONAS Gas commits to sustainability, announces total dividend of 72 sen per share


PETRONAS Gas Bhd managing director and CEO Abdul Aziz Othman

KUALA LUMPUR: Petronas Gas Bhd (PGB) is committed to creating sustainable value from core businesses while pursuing growth.

This commitment involves securing high-impact projects by leveraging PGB’s core competencies and exploring industry-adjacent opportunities, the group stated in a release today, in conjunction with PGB’s 41st annual general meeting (AGM).

"PGB's efforts in upholding strength, resilience, and sustainability are anchored in its strategic agenda of pursuing growth while maintaining commercial, project, and operational excellence," the statement said.

Additionally, it said PGB is integrating sustainability into all decision-making processes, prioritising economic growth and sustainable development equally at all levels.

During the virtual AGM, PGB managing director and chief executive officer Abdul Aziz Othman highlighted the group's strong 2023 financial performance, with profit after tax increasing by 8.1 per cent to RM1.9 billion compared to the previous year.

"Backed by improved performance, the group declared a total dividend of 72 sen per share," he said.

Despite the persistently challenging environment, Abdul Aziz expressed optimism about delivering another resilient performance as the group continues its efforts.

The AGM was chaired by PGB chairman Adnan Zainol Abidin and was attended by senior independent director Farina Farikhullah Khan and chief financial officer Shahrul Azham Sukaiman. - Bernama

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PGB , AGM , sustainable , growth , Abdul Aziz Othman

   

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