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PETROLIAM Nasional Bhd (Petronas) has posted a 24.2% jump in pre-tax profit to RM15.06bil for its fiscal half year ended Sept 30 from RM12.1bil in the previous corresponding period on 18% higher revenue of RM43.94bil versus RM37.35bil previously.
DESPITE posting strong gains so far this year, the MSEB Composite Index (CI) may continue to lag its regional counterparts in 2004 in performance unless big-cap stocks start to move, according to market analysts.
PROJEK Lebuhraya Utara Selatan Bhd (PLUS) ranks No. 1 in corporate governance reporting among the top 20 companies listed on the Malaysian Securities Exchange Bhd.
GAS Malaysia Sdn Bhd, not resting on its laurels despite being the only licensed supplier of piped natural gas in the Peninsular Malaysia, targets to more than double its annual revenue in five years.
THE local stock market headed lower in tandem with the regional downtrend yesterday in the absence of fresh leads to spur buying interest. The KL Composite Index (KLCI) fell nearly 11 points to a day's low of 841 before recovering some ground towards the end of the trading day to finish at 845, down 6.8 points or 0.8% from Tuesday's close.
Petronas Gas Bhd (PGB), a listed subsidiary of Petroliam Nasional Bhd, has signed a long term sale and purchase agreement with Maser (M) Sdn Bhd on Monday for the supply of liquid argon from PGB's centralised utilities facility in Kertih, Terengganu.