Thursday, February 24, 2011

Petronas Chem Q3 net income at RM874m

Petronas Chemicals Group Bhd, a unit of Malaysia's state oil and gas company, said third-quarter net income more than doubled to RM874 million (US$286 million) from RM337 million a year earlier.

Sales climbed to RM3.9 billion from RM2.99 billion, the company said in a statement today. Higher prices for most petrochemical products and improved economic activity in Asia boosted revenue, Petronas Chemicals said in a separate statement. -- Bloomberg

No comments:

Post a Comment