New tariff a bane for Gas Malaysia margins?


Which Bane we talking about? Classic Bane? Movie Bane?

Dateline 2014-04-19, The Star:

A potential squeeze on its margins from the recent hike in gas tariffs may unsettle investors of Gas Malaysia Bhd, at least until it clears the air.

In the meantime, analysts have had to do a bit of guesswork on whether the higher gas prices will work in Gas Malaysia’s favour.

The company announced two weeks ago that it had secured the Government’s approval to raise the tariff for natural gas to the non-power sector in Peninsula Malaysia by an average of RM3.24/mmbtu, or 20%, to RM19.32/mmbtu from RM16.07/mmbtu, effective May 1.

 

 

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