Gas Malaysia’s FY2022 earnings, revenue surge on higher average natural gas selling price

  • 📰 malaymail
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 86%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

KUALA LUMPUR, Feb 17 — Gas Malaysia Bhd’s net profit surged to RM389.54 million in the financial year ended December 31, 2022 (FY2022) from RM249.62 million a year earlier....

KUALA LUMPUR, Feb 17 — Gas Malaysia Bhd’s net profit surged to RM389.54 million in the financial year ended December 31, 2022 from RM249.62 million a year earlier.

Revenue in FY2022 also increased to RM7.65 billion from RM5.85 billion in the previous year, in line with a higher average natural gas selling price, in tandem with global market price, despite the lower volume of natural gas sold during the year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in AU

Australia Australia Latest News, Australia Australia Headlines