Lower earnings in FY23 for Petronas Chemicals


KUCHING (Feb 27): Petronas Chemicals Group Bhd’s (Petronas Chemicals) earnings for financial year 2023 (FY23) came in below expectations at 78 per cent of consensus’ full year estimates. Petronas Chemicals’ 4QFY23 earnings down by 76.7 per cent year on year (y-o-y) to RM112 million. The lower earnings were mainly caused by lower products spreads and [...]

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