Author Topic: PETRONAS Gas Bhd  (Read 2372 times)

Offline zakara

  • Civilian
  • *
  • Posts: 15
  • Stock Trader in Malaysia
    • Multi Management Future Solutions
PETRONAS Gas Bhd
« on: January 11, 2019, 03:20:50 PM »
Petronas to hike in last 2018 Q3 profit jumps 43 %, the profit was rose to 14.3 billion ringgit (S$4.69 billion) from 10.0 billion ringgit in the same quarter a year ago. Revenue increased 19% to 63.9 billion ringgit. Petronas Gas Bhd can get back on strong sales volume from utilities segment and rise in crude oil prices. 
The Company has entered into the second term of the Gas Processing Agreement (GPA) with PETRONAS, which will continue till Dec 31, 2023. For 2019, the tariff for the GPU is RM1.072 per gigajoule, down from RM1.248 per gigajoule this year, while the tariff for RGTSU is RM3.518 per mln British thermal unit (mmBtu) and RGTP is US$0.637 per mm BTU.

Let's take a look at its fundamental and technical overview-
https://www.mmfsolutions.my/blog/~-blue-chips-stock-petronas-gas-bhd/