PETALING JAYA: The sustainability of Petronas Gas Bhd’s (PetGas) performance and its efficient operations saw it recording an all-time high quarterly revenue and highest quarterly net profit in five years, even at a time when Covid-19 wreaked havoc on businesses.
The wholly-owned subsidiary of Petroliam Nasional Bhd (Petronas) posted a net profit of RM591.01mil for the third quarter ended Sept 30, which was a 36.94% year-on-year (y-o-y) improvement.
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