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Petronas Gas 1Q net profit up 3.6%, pays 15 sen dividend

Mimi Sabreena 9:15:00 PM Informasi

KUALA LUMPUR (May 15): Petronas Gas Bhd’s (PetGas) net profit rose 3.6% to RM463.24 million or 23.41 sen a share in the first quarter ended March 31, 2017 (1QFY17) from RM447.17 million or 22.6 sen a share a year ago, on lower tax expense as a result of higher utilisation of the utilities business tax incentive.

Quarterly revenue increased 3.4% to RM1.17 billion in 1QFY17 from RM1.13 billion in 1QFY16.

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