PetChem 1Q earnings down 19.2%
- 6 years ago
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Petronas Chemicals Group' s net profit slipped 19.2 per cent to 605 million ringgit for the first quarter ended March 2015 from 749 million ringgit , on lower revenue due to lower average realised product prices.
Revenue for the quarter fell 17.5 per cent to 3.14 billion ringgit from 3.81 billion ringgit from a year ago.
Petronas Chemicals Group' s net profit slipped 19.2 per cent to 605 million ringgit for the first quarter ended March 2015 from 749 million ringgit , on lower revenue due to lower average realised product prices.
Revenue for the quarter fell 17.5 per cent to 3.14 billion ringgit from 3.81 billion ringgit from a year ago.