KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) is determined to continue creating long-term sustainable value for its shareholders besides providing energy security reliably amid the current challenging operating environment.
Lower energy prices, higher costs and tax expenses as well as foreign exchange impact saw the national oil company posting a 32% or RM25.6bil drop in net profit to RM55.1bil for the financial year ended Dec 31, 2024 (FY24) compared with RM80.7bil in FY23.
