sector: Energy ·
industry: Oil & Gas Refining & Marketing ·
As of
26 Nov 2009
8.90MYR
PETRONAS Dagangan Berhad is engaged in the domestic marketing of petroleum products. The Company is the principal domestic marketing arm of Petroliam Nasional Berhad (PETRONAS), the national oil company, which holds 69.86% of the Company’s equity. The Company markets a range of petroleum products, including motor gasoline, aviation fuel, kerosene, diesel, fuel oil, bunker fuel, lubricants, liquefied petroleum gas (LPG) and asphalt. It markets its products throughout the country, directly to customers, as well as through its network of service stations, LPG dealers and industrial dealers.
BRIEF: For the three months ended 30 June 2009, Petronas Dagangan Berhad's revenues decreased 29% to RM4.78B. Net income decreased 12% to RM205.4M. Revenues reflect a decrease in income from mainly due to lower average selling price and lower sales volume. Net income was partially offset by a decrease in operating costs and the presence of finance income vs. finance expenses. PETRONAS Dagangan Berhad is a Malaysian based company.
Petronas Dagangan Bhd
Level 30-33 Tower 1
Petronas Twin Towers
Kuala Lumpur 50088
P: +603.20515500
F: +603.20215505