Petronas Q2 profit slips.

Tuesday, September 03, 2013    No comments


Petronas Q2 profit slips.
Sep 1st 2013, 23:00

Malaysian state oil firm Petroliam Nasional (Petronas) said second-quarter net profits were slightly lower as weaker crude oil prices and higher upstream costs ate into margins.
Net profit in the April to June period fell 0.9 per cent to 15.262 billion Malaysian ringgit ($4.62 billion) from 15.4 billion ringgit a year earlier, Petronas data showed.

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Petronas Q2 profit slips.


Petronas Q2 profit slips.
Sep 1st 2013, 23:00

Malaysian state oil firm Petroliam Nasional (Petronas) said second-quarter net profits were slightly lower as weaker crude oil prices and higher upstream costs ate into margins.
Net profit in the April to June period fell 0.9 per cent to 15.262 billion Malaysian ringgit ($4.62 billion) from 15.4 billion ringgit a year earlier, Petronas data showed.

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