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PetDag's 1Q net profit up 15%, declares 14 sen dividend

Mimi Sabreena 8:29:00 PM Informasi

KUALA LUMPUR (May 18): Petronas Dagangan Bhd (PetDag) closed its first quarter ended March 31, 2017 (1QFY17) with better net profit, up 15.4% to RM253.15 million or 25.5 sen a share, compared with RM219.4 million or 22 sen a share during the same period last year.

Revenue during the period jumped 36.2% to RM6.69 billion, from RM4.91 billion a year ago (1QFY16).

The retail arm of Petroliam Nasional Bhd (Petronas) has proposed an interim dividend of 14 sen a share, payable on June 16. The ex-date and entitlement date are on May 31 and June 2, respectively.

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