Tag Archives: Petronas

November 11

Petronas’ 3Q profit plunges 91% to RM1.4b

KINIBIZ: State petroleum corporation Petronas posted a steep fall in third-quarter earnings for financial year 2015 (3Q15) with its profit after tax (PAT) fell 91 percent year-on-year to RM1.4 billion. Petronas attributed the poor results mainly due to its upstream business that was hit by RM5.4 billion written down in impairment charges, as well lower […]