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Petron reports 4Q net loss of RM46m

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Petron reports 4Q net loss of RM46m Empty Petron reports 4Q net loss of RM46m

Post by Cals Fri 21 Feb 2014, 01:32

Petron reports 4Q net loss of RM46m
Business & Markets 2014
Written by Ahmad Naqib Idris Adzman Shah of theedgemalaysia.com
Thursday, 20 February 2014 17:24

KUALA LUMPUR (Feb 20): Petron Malaysia Refining & Marketing Bhd reported net loss of RM46.42 million for its fourth quarter, compared to its net profit of RM5.48 million in similar quarter of previous year.

Revenue for the quarter also fell by 5% to RM2.810 billion from RM2.973 billion.

Net loss for the full year amounted to RM64.25 million, from a net profit of RM98.37 million in previous year, while revenue declined to RM11.128 billion from RM11.476 billion.
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