KUALA LUMPUR: Gas Malaysia Bhd
’s net profit for the second quarter ended June 30, 2025, (2Q25) fell to RM99.12mil from RM110.05mil in the previous corresponding period.
Revenue also slipped by 9.2% to RM1.8bil compared to RM1.98bil previously.
In a filing with Bursa Malaysia, Gas Malaysia attributed the lower revenue to a lower average natural gas selling price, mitigated by a higher volume of natural gas sold and a higher tolling fee.
For the first half ended June 30, 2025 (1H25), the company’s net profit contracted to RM199.25mil from RM212.68mil in the same period last year, while revenue dipped by 5.5% to RM3.64bil from RM3.85bil.
Gas Malaysia added that the company had declared on Aug 21, 2025, the first interim dividend of six sen per share.
This amounts to RM77.04mil in respect of the financial year ending Dec 31, 2025, which will be paid on Oct 31, 2025. — Bernama
