Analysts foresee buoyant prospects for PetDag’s commercial segment.
PETALING JAYA: Petronas Dagangan Bhd
(PetDag) is poised for a resilient performance despite subsidy cuts, supported by its strong market share in diesel sales and fleet-card users.
Analysts foresee buoyant prospects for PetDag’s commercial segment, driven by stable jet fuel prices and year-end travel demand, while retail sales may face slight pressure, as the upcoming RON95 subsidy rationalisation could bring longer-term implications.
