Malaysia's Petronas Chemicals Q1 net profit 737mn ringgit

KUALA LUMPUR : Malaysia 's Petronas Chemicals: Net profit 737 million ringgit ($247 million) for the quarter ended Jun

Published August 26, 2011 Updated August 26, 2011 05:43am

1 min

By Syed Murtaza Gheblehzadeh

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The Company had on March 2 2011, announced the change of financial year end from March 31 to Dec. 31 beginning from April 2011. As a result, there is no equivalent comparative quarter.

Results driven by strong prices seen across most petrochemical products and partially offset by a stronger Malaysian ringgit against the US Dollar.

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