Petronas Posts Lower Annual Profit as Weaker Prices Offset Sales Increase

Malaysia's national oil and gas company reported about $12.4 billion in profit after tax for 2024, down 31.74 percent compared to 2023 as lower prices offset higher sales volumes.

Feb 27, 2025 - 09:00
Petronas Posts Lower Annual Profit as Weaker Prices Offset Sales Increase
Malaysia's national oil and gas company reported about $12.4 billion in profit after tax for 2024, down 31.74 percent compared to 2023 as lower prices offset higher sales volumes.

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