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Petronas Gas Bhd Reports Stable Profit Amid Revenue Dip

Petronas Gas Bhd Reports Stable Profit Amid Revenue Dip

Petronas Gas Bhd ( (PNAGF) ) has released its Q2 earnings. Here is a breakdown of the information Petronas Gas Bhd presented to its investors.

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Petronas Gas Bhd, a leading player in Malaysia’s gas infrastructure sector, specializes in gas processing, transportation, regasification, and utilities services. In its latest earnings report for the second quarter ending June 2025, Petronas Gas Bhd reported a slight decline in revenue by 2.5% to RM3.18 billion, attributed mainly to lower product prices and tariff adjustments in its Utilities and Gas Transportation segments. Despite this, the company managed to increase its profit for the period by 0.9% to RM971.6 million, aided by lower tax expenses and favorable foreign exchange movements. Key financial metrics showed a marginal decrease, with EBITDA down by 0.7% to RM1.69 billion and earnings per share slightly reduced to 46.44 sen. The company maintained its interim dividend at 32 sen per share, reflecting steady shareholder returns. Looking ahead, Petronas Gas Bhd remains optimistic about maintaining operational excellence and resilience, despite potential cost pressures from regulatory changes and expanded tax scopes, as it continues to focus on strategic growth and cost management.

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