PetGas posts net profit of RM503.35mil : vimarsana.com

PetGas posts net profit of RM503.35mil


posted an improved net profit of RM503.35mil in the fourth quarter ended Dec 31,2020,3.7% higher than RM485.27mil in the previous corresponding quarter.
Revenue for the quarter was up 1.2% year-on-year to RM1.39bil from RM1.37bil on higher contribution from the regasification and gas transport segments in line with new tariffs for Regulatory Period 1 effective Jan 1,2020.
The board of directors approved a fourth interim dividend of 22 sen per share and a special interim dividend of five sen per share, payable on March 22,2021.
This brings the group’s full-year payout to RM1.27 a share, as compared to 87 sen a share in 2019.

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