Kenanga Research expects PetGas’ 2Q25 numbers to be on the weak side.
PETALING JAYA: Analysts generally have a constructive view of Petronas Gas Bhd
(PetGas) despite it having to absorb at least a RM170mil charge to rehabilitate the Putra Heights area following the pipeline fire incident in April.
CGS International (CGSI) Research stated PetGas’ defensive earnings profile, underpinned by its ownership of gas infrastructure assets in Malaysia, remained a key strength that is backed by a healthy balance sheet.
