Profit for Malaysia's Petronas drops 30% in Q2
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Profit for Malaysia's Petronas drops 30% in Q2

Kuala Lumpur : Malaysia | Sep 07, 2012 at 4:54 AM PDT
Source: Channel NewsAsia
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Malaysian state energy firm Petronas said on Friday its second-quarter net profit shrank 30 percent to 15.22 billion ringgit ($4.89 billion) mainly due to lower crude oil prices. Revenue at Malaysia's only Fortune 500 company sank by three percent to 70.70 billion ringgit for the quarter ending June... FULL ARTICLE AT Channel NewsAsia
 
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