KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) posted a lower net profit of RM80.7 billion in the financial year ended Dec 31, 2023 (FY2023) compared to RM101.6 billion in the preceding year, mainly impacted by lower average realised prices.
KUALA LUMPUR: Petroliam Nasional Bhd posted a lower net profit of RM80.7 billion in the financial year ended Dec 31, 2023 compared to RM101.6 billion in the preceding year, mainly impacted by lower average realised prices.
SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya when it posted record high state revenue of RM6.973 billion last year. Read more Capital Investments amounted to RM52.8 billion in FY2023, mainly attributed to upstream and gas projects.
He said Petronas has developed a clear strategy for the energy transition. This strategy aims to ensure a balanced approach in offering emissions-abated solutions while it lays the foundation for a new energy system.
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