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Philippines Petron Malaysia confident business performance will improve, says chairman

KUALA LUMPUR, May 4 (Bernama): Petron Malaysia Refining & Marketing Bhd (Petron Malaysia) is confident that through the resilience of its operations, strong financial position and prudent risk management, the company’s business performance will improve as the country makes progress towards recovery. Chairman Ramon S. Ang said Malaysia’s economy is projected to gradually recover in 2021 as market confidence improves supported by the rollout of vaccines targeting the majority of the population. This increases our confidence in seeing significant improvements in the business environment which in tandem with our financial resilience, operational excellence, and brand-building efforts will make for a better and stronger year for the company, ” he said in Petron Malaysia’s 2020 annual report.

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