: Petronas Dagangan Bhd’s net profit plunged to RM3.51 million in the second quarter ended June 30, as compared with RM172.75 million posted in the same quarter last year as the company took a hit from the movement control order imposed to stem the spread of COVID-19.
For the six-month period, Petronas Dagangan posted a net loss of RM25.91 million versus RM463.94 million net profit in the same period last year, while revenue stood at RM9.48 billion as compared with RM14.69 billion previously. -Bernama: Pos Malaysia Bhd’s net loss decreased substantially by 61% to RM19.02 million in the second quarter ended June 30, 2020 compared with the preceding quarter, according to the group’s Bursa filing.
Its courier business’ revenue increase by 20% in Q2’20 compared to the same corresponding quarter in 2019 with the increase in demand from e-commerce and online marketplaces.: IOI Corp Bhd’s net profit eased to RM600.9 million in the financial year ended June 30, 2020 , from RM631.70 million a year earlier.IOI Corp’s plantation segment profit of RM701.5 million for FY2020 is 45% higher than the profit of RM483.
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