PETRONAS Records Lower Profit Amid a Challenging Environment, Pursues Portfolio Resilience For Future Growth

29/08/2025 05:39 PM

KUALA LUMPUR, Aug 29 (Bernama) -- PETRONAS recorded a revenue of RM132.6 billion for the first half of financial year ended 30 June 2025 (1H 2025), compared to RM173.6 billion in the corresponding period last year. The decline was primarily due to impact from discontinued operations from the divestment of the Engen Group in May 2024, unfavourable foreign exchange as well as lower average realised prices from petroleum products, crude oil and condensates following the downward trend in benchmark prices.

In tandem with lower revenue, the Group’s Profit After Tax (PAT) of RM26.2 billion decreased by 19 per cent from RM32.4 billion.

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