Bursa Malaysia Stock Watch
Petronas Chem Q3 net income at RM874m
kltrader
Publish date: Thu, 24 Feb 2011, 10:59 PM
kltrader
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Petronas Chemicals Group Bhd, a unit of Malaysia's state oil and gas company, said third-quarter net income more than doubled to RM874 million (US$286 million) from RM337 million a year earlier.
Sales climbed to RM3.9 billion from RM2.99 billion, the company said in a statement today. Higher prices for most petrochemical products and improved economic activity in Asia boosted revenue, Petronas Chemicals said in a separate statement. -- Bloomberg
Sales climbed to RM3.9 billion from RM2.99 billion, the company said in a statement today. Higher prices for most petrochemical products and improved economic activity in Asia boosted revenue, Petronas Chemicals said in a separate statement. -- Bloomberg
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