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Petronas Gas Q1 net profit up to RM516.4m | Money


Tuesday, 25 May 2021 02:37 PM MYT
Petronas Gas said gas transportation and regasification business segments are anticipated to continue contributing positively to the company’s earnings. Picture by Farhan Najib
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KUALA LUMPUR, May 25 Petronas Gas Bhd s net profit rose to RM516.4 million for the first quarter ended March 31, 2021 (1Q21) from RM368.1 million in the same period last year as it maintained world-class reliability performance across all plants and facilities.
However, revenue decreased four per cent to RM1.34 billion from RM1.396 billion previously mainly attributable to lower revenue from utilities segment in line with lower product prices amid higher sales volumes, it said in a filing with Bursa Malaysia today. ....

Kuala Lumpur , Farhan Najib , Petronas Gas , Petronas Gas Bhd , Bursa Malaysia , Regulatory Period One , Gas Processing Agreement , Etronas Gas Profits , குவாலா லம்பூர் , பார்ன் நஜிப் , பெட்ரோனாக்கள் வாயு , பெட்ரோனாக்கள் வாயு ப்ட் ,

KLCI closes at day's low, banks weigh


Of the 30 stocks in the KLCI, only Telekom was in the positive zone, reflecting the lack of buying support for the big capitalised stocks.
KUALA LUMPUR: The FBM KLCI closed at the day s low on Wednesday, weighed down losses in banks and gloves as buying sentiment remained weak due to the rising Covid-19 numbers and also tracking the downbeat key Asian markets.
The KLCI closed down 12.58 points or 0.79% to 1,575.67. Turnover was 7.36 billion shares valued at RM4.23bil. Decliners beat advancers eight to three or 811 losers to 299 gainers and 416 counters were unchanged.
Of the 30 stocks in the KLCI, only Telekom was in the positive zone, reflecting the lack of buying support for the big capitalised stocks. ....

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