Petronas posts higher 2Q19 earnings, expects lower dividend payout to govt | TheStarTV.com

Petronas posts higher 2Q19 earnings, expects lower dividend payout to govt

Published on 20 Sep 2019 9:06:42 PM

Petronas president and group CEO Tan Sri Wan Zulkiflee Wan Ariffin says Petroliam Nasional Bhd (Petronas) net profit rose 8% to RM14.7bil in second quarter ended June 30, 2019 (2Q19) from RM13.6bil in 2Q18. He expects a lower dividend payment to the government in 2020 compared to the RM54bil paid in 2019.

Keywords
business, dividend, earnings, malaysia, petronas, profit, starbiz, wan zulkiflee wan ariffin

Petronas president and group CEO Tan Sri Wan Zulkiflee Wan Ariffin says Petroliam Nasional Bhd (Petronas) net profit rose 8% to RM14.7bil in second quarter ended June 30, 2019 (2Q19) from RM13.6bil in 2Q18. He expects a lower dividend payment to the government in 2020 compared to the RM54bil paid in 2019.

Keywords:
business, dividend, earnings, malaysia, petronas, profit, starbiz, wan zulkiflee wan ariffin

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