Perdana Petroleum 3Q net profit up 2.8 times on higher vessel utilisation

Perdana Petroleum 3Q net profit up 2.8 times on higher vessel utilisation

The Edge Markets - Malaysia·2019-11-22 00:37

KUALA LUMPUR (Nov 21): Loss-making Perdana Petroleum Bhd has reported a net profit of RM18.09 million for the third quarter ended Sept 30, 2019 (3QFY19) on higher revenue due to higher vessel utilisation.

The net profit is 2.8 times more than the RM6.53 million posted for 3QFY18.

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