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PETRONAS Gas' Profit Rises in Q2; Revenue Slips

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PETRONAS Gas' (KLSE:PETGAS) attributable profit rose to 453.3 million ringgit in the second quarter from 450.2 million ringgit a year ago, according to a Wednesday filing with the Malaysian stock exchange.

Earnings per share rose to 0.2291 ringgit from 0.2275 ringgit a year earlier.

Revenue at the oil and gas company, however, declined 5.6% to 1.50 billion ringgit from 1.59 billion ringgit a year ago.

The company's board approved a second interim dividend of 0.16 ringgit per ordinary share for the financial year ending Dec. 31, payable on Sept. 29.

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