Petronas 3Q net profit halves amid lower product prices, sales volume

Petronas 3Q net profit halves amid lower product prices, sales volume

The Edge Markets - Malaysia·2019-11-26 18:37

KUALA LUMPUR (Nov 26): Petroliam Nasional Bhd (Petronas) reported a 48% drop in its net profit to RM7.42 billion for the third financial quarter ended Sept 30, 2019 (3QFY19), from RM14.34 billion in the previous year's corresponding quarter, due to lower revenue and a net impairment on assets.

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