James的股票投资James Share Investing

[转贴] [PETRON MALAYSIA REFINING & MARKETING BHD,全球原油供应和需求不确定] - James的股票投资James Share Investing

James Ng
Publish date: Sat, 07 Apr 2018, 01:15 PM

[PETRON MALAYSIA REFINING & MARKETING BHD,全球原油供应和需求不确定]

这一季,净利率跌到3.52%,比起去年4.92%,YoY-28%。净利跌到RM9960万,比起去年RM1.1亿,YoY-12%。这是因为原油价的升值比产品价快,导至价差缩小,导至了低净利率。

FY17,净利升到RM4.1亿,比起去年RM2.4亿高了70%。这包括了一次性的RM6560万盈利(政府强制收购油站)。

前景:
全球供应和需求的不确定导至油价波动。Petron大马会启动几个项目来生产和推出高质量和环保的产品。

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James Ng

For this quarter, net profit margin decreased to 3.52%, compared with last year 4.92%, YoY-28%. 'Profit for the period' dropped to RM99.6m, compared with last year RM112.6m, YoY-12%. This was due to the crude prices rose faster than product prices, the price differentials narrowed resulting in lower margins.

FY17, net income amounted to RM405.2m, 70% higher than prior year's RM237.6m. This includes non-recurring gains amounting to RM65.6m from compulsory divestment of service stations that were acquired by the Government.

Prospects:
Global supply and demand remain uncertain causing volatility in oil prices. The Company will pursue several projects to continue to produce and deliver quality and environment friendly products.

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James Ng

 

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