Malaysia’s Petronas posts lower profit and revenue in 2024
ReutersFeb 25, 2025 9:00 AM
KUALA LUMPUR, Feb 25 (Reuters) - Malaysia's state energy firm Petroliam Nasional Bhd reported on Tuesday a drop in profit in 2024 compared to a year ago.
Petroliam Nasional, or Petronas, reported a profit after tax of 55.1 billion ringgit ($12.47 billion) in 2024 compared to 80.7 billion ringgit in 2023.
Revenue in 2024 fell to 320 billion ringgit from 343.6 billion ringgit in 2023.
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