PETRONAS' FY23 net profit lower at RM80.7bil amid reduction in average realised prices | TheStarTV.com

PETRONAS' FY23 net profit lower at RM80.7bil amid reduction in average realised prices

Published on 15 Mar 2024 9:10:47 PM

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.

Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz on Friday (March 15) said that its revenue in FY2023 slipped to RM343.6 billion compared to RM372.3 billion previously.

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news, petronas, lower profit, tengku aziz, financial year, lower, revenue, economy, business

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.

Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz on Friday (March 15) said that its revenue in FY2023 slipped to RM343.6 billion compared to RM372.3 billion previously.

Read more at https://tinyurl.com/5kuuhajp

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, petronas, lower profit, tengku aziz, financial year, lower, revenue, economy, business

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