Petronas Gas’ pre-tax profit and revenue up in Q1

Wata - Malaysian Oil and Gas Engineer

Dateline 2015-05-12, TMI:

Petronas Gas Bhd’s pre-tax profit rose to RM571.29 million for the first quarter ended March 31, 2015 from RM543.21 million recorded in the same period last year.

Revenue increased to RM1.1 billion from RM1.05 billion.

In a filing to Bursa Malaysia, Petronas Gas attributed the better performance to higher gas transportation and gas processing revenues, which recorded an improvement of RM26.1 million and RM21.5 million, respectively.

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