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Petronas reports RM21 billion net loss for FY20 | The Malaysian Insight

Petronas reports RM21 billion net loss for FY20 | The Malaysian Insight
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Petroliam nasional bhd petronasPetroliam nasional bhdபெட்ரோலியம் நேஷனல் ப்ட் பெட்ரோனாக்கள்பெட்ரோலியம் நேஷனல் ப்ட்

Petronas records RM21 0b loss in FY20 on RM31 5b impairment | Money

KUALA LUMPUR, Feb 26 Petroliam Nasional Bhd (Petronas) today reported a group loss after tax of RM21.0 billion for the financial year ended Dec 31, 2020 (FY20) due to net impairment losses totalling RM31.5 billion its biggest so far compared to a profit after tax (PAT) of RM40.5 billion in.

Kuala lumpurPetroliam nasional bhd petronasTengku muhammad taufikLiza mustaphaPutrajaya decemberPetroliam nasional bhdTengku muhammad taufik azizTengku muhammadகுவாலா லம்பூர்பெட்ரோலியம் நேஷனல் ப்ட் பெட்ரோனாக்கள்லிசா மஸ்டேயஃபபெட்ரோலியம் நேஷனல் ப்ட்

Asset impairments, low oil prices drag Petronas into first-ever annual loss of RM21b in FY20

Asset impairments, low oil prices drag Petronas into first-ever annual loss of RM21b in FY20
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Kuala lumpurPetroliam nasional bhd petronasTengku muhammad taufikAmplus energy solutionsPetroliam nasional bhdSoutheast asiaகுவாலா லம்பூர்பெட்ரோலியம் நேஷனல் ப்ட் பெட்ரோனாக்கள்பெட்ரோலியம் நேஷனல் ப்ட்தென்கிழக்கு ஆசியா

Petronas records net profit of RM10 5b for FY20 excluding impairments

“The lower group revenue recorded RM178.7bil against RM240.3bil in the previous financial year was largely due to the effects of plummeting oil prices, ” it said. KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) recorded profit after tax (PAT) of RM10.5bil for FY2020, excluding impairments, which was 78% lower compared to RM48.8bil in FY19 as the global oil industry was impacted by the plunge in oil prices. The national oil corporation said on Friday the PAT was in line with lower revenue realised, partially offset by lower group costs incurred. “The lower group revenue recorded RM178.7bil against RM240.3bil in the previous financial year was largely due to the effects of plummeting oil prices, ” it said.

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KLCI rises 1 04% as Petronas-linked stocks lead gains

The main index at Bursa Malaysia rose 1.04% at the midday break today, tracking the jump at regional markets, as Petroliam Nasional Bhd (Petronas)-linked stocks led the gains.

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