Petronas Chemicals prospects fired up by PIC

Petronas Chemicals prospects fired up by PIC

The Star Online - Business·2022-05-30 11:02

KUALA LUMPUR: RHB Research remains bullish on the near-term earnings of Petronas Chemicals Bhd as the long-awaited Pengerang Integrated Complex kickstarted in May.

The valuations of the petrochemicals producer, which booked solid quarterly earnings in 1Q22, continues to be attractive below its five-year mean, said RHB.

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