From Jakarta Globe – Malaysia’s PETRONAS Profit Up 54.3 Percent


Dateline 2011-12-02:

Malaysian state energy firm Petronas said on Thursday that its second-quarter net profit increased 54.3 percent from the year-earlier period, boosted by higher crude oil prices.

Petronas said in a statement that its profit for the three months ending Sept. 30 was 18.35 billion ringgit ($5.84 billion), up from 11.89 billion ringgit in the same quarter last year.

Revenue for the company, Malaysia’s only Fortune 500 firm, also increased 26.0 percent in the quarter to 71.83 billion ringgit year-on-year despite a “challenging” economic environment, it said.

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This entry was posted on Saturday, December 17th, 2011 at 6:00 am and is filed under business opportunity, Malaysia, Malaysian election, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to From Jakarta Globe – Malaysia’s PETRONAS Profit Up 54.3 Percent

  1. zack says:
    December 19, 2011 at 9:11 am

    hey boss! is it Jakarta Global or Jakarta Globe? Pls confirm. TQ

    Reply
  2. zack says:
    December 20, 2011 at 9:41 am

    u owe me twice. the first 1 is the correction to the term ‘lurang’. this should be the second one. any chance for me to join PCSB? lol!!!

    Reply

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