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Petronas Chem posts RM1.2b Q2 profit
by hlk Wed 23 Nov 2011, 09:56
Petronas Chemicals Group Bhd, the petrochemicals arm of Malaysia’s state oil company, reported a second-quarter profit of RM1.15 billion.
It didn’t give a year ago comparison after changing the group’s financial year. Revenue for the three months through September was RM4.64 billion with olefins and derivatives leading sales, the Kuala Lumpur-based company said in a statement late yesterday.
Earnings in the current quarter ending December 31 are likely to be “satisfactory” so long as there is sufficient methane gas supply, it said. -- Bloomberg
It didn’t give a year ago comparison after changing the group’s financial year. Revenue for the three months through September was RM4.64 billion with olefins and derivatives leading sales, the Kuala Lumpur-based company said in a statement late yesterday.
Earnings in the current quarter ending December 31 are likely to be “satisfactory” so long as there is sufficient methane gas supply, it said. -- Bloomberg
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