PETRONAS Chemicals: higher product prices help offset lower sales in 2Q


KUALA LUMPUR: The increase in product prices following the start of the Russia-Ukraine war in March helped to cushion the impact of lower production and sales volume for Petronas Chemicals Group Bhd in 2Q22, said managing director and CEO Mohd Yusri Mohamed Yusof.

The petrochemicals group reported a net profit of RM1.87bil in the second quarter ended June 30, 2022, which was little changed from the previous corresponding quarter.

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