Petronas Gas Bhd (PetGas) announced robust fourth-quarter fiscal year 2025 results, with net profit surging 15% year-on-year, surpassing market expectations. This positive earnings surprise led to a 1.5% increase in its share price. The company's strong operational performance was highlighted.
Petronas Gas Bhd (PetGas) today announced impressive results for its fourth quarter of fiscal year 2025, reporting a net profit of RM550 million, a 15% increase year-on-year, which significantly surpassed analysts' consensus estimates. This robust performance was primarily driven by higher gas processing volumes and optimized operational efficiencies. Boosted by this news, PetGas shares climbed 1.5% today to RM18.20. Company management stated that despite volatility in global energy markets, its long-term service agreements and stringent cost control measures effectively supported profitability. Furthermore, the company declared a final dividend of 20 sen per share, further bolstering investor confidence. Analysts generally maintain an optimistic outlook on PetGas's future prospects, anticipating that its stable cash flow and position as a critical energy infrastructure provider will continue to provide strong support.
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