Petronas Gas Bhd (XKLS:6033) Q3 2024 Earnings Call Highlights: Steady Revenue Growth and ...
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2024
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Source: Yahoo Finance
Financial Performance: Petronas Gas Bhd reported a slight revenue increase of 1.2% to 4.9 billion MYR, with profit for the period rising by 4.8%, while maintaining a strong dividend payout of 18 cents per share.
Operational Efficiency and Challenges: The company achieved nearly 100% operational efficiency across segments but faced higher operating expenses due to maintenance and depreciation, impacting financial performance in the utilities segment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
