Trending News: Bursa Malaysia Higher At Midday Following Overnight Gains On Wall StreetNational Energy Awards 2024 Showcases Malaysia’s Commitment To Energy Management, Energy Efficiency And Renewable Energy SolutionsPerak KPDN Seizes 493 Counterfeit Printer CartridgesGlobal Experts Convene To Share Insights On Farming Culture In HunanAaron-Wooi Yik To Skip China Open Due To InjuryMahkota By-election: Halal Certification Issue Not Affecting UMNO-DAP Cooperation – NgaChina EV Companies In Negotiations To Invest In PerlisPublic Told Not To Speculate On Integrated Op At Similajau National ParkNanta To Attend Future Mobility Summit In DubaiPerhilitan Captures Bull Elephant In MersingBudget 2025: KESUMA Puts Strong Emphasis On TVET Institutions – Deputy MinisterThree Immigration Officers Among Four On Remand For BriberyBlackmores Celebrates 10th Platinum Win With Trusted Brands 2024Vietnamese female professor honoured with Ramon Magsaysay AwardThe 24th China International Fair for Investment & Trade concluded with fruitful results — Investment Linking the World and Opening Up for a Win-Win FutureNegros LGUs suspend classes amid heavy rains, floodingSarawak’s Wong Hee Sieng Joins MAVCOMMarcos birthday wish: Agri sector developmentImmigration Dept Extends Operating Hours During School HolidaysDAR empowers female employees thru ‘Binibining Agraryo’Penang Coach Accepts Costly But Indisputable Penalty DecisionsPAL to launch Cebu-Osaka flights in DecemberOp Global: 13 Children Believed To Be Sodomised, Police Open IP Against Four Men – IGPDOH warns public vs. supposedly imported mpox vaxNetsfere’s Proprietary GenAi Integration Redefines Enterprise Security, ProductivityDA condemns 400 ASF-hit hogs intercepted in NCR checkpointsKura Sushi To Open Revolving Sushi Restaurant With World’s Largest Seating Capacity And Longest Lanes At Osaka-Kansai ExpoQuiboloy’s 4 aides ordered transferred to Pasig jailKing, Queen To Grace Maulidur Rasul Celebration At PICC On MondayWorking Committee To Be Established To Examine Water Pollution Threat – PMA Foreign Enterprise Increases Capital And Expands Production In Haicang, Xiamen, ChinaMASIC, Space Scotland Ink MoU To Foster Cooperation In Space SectorMalaysia Joins WIPO Alert To Strengthen Intellectual Property ProtectionPM Anwar Wishes Happy 67th Birthday To MarcosJBG To Provide Legal Companion Service To Victims Of Sexual Exploitation – AzalinaRat Droppings Force Closure Of Penang Food OutletsAviation: Malaysia’s Passenger Traffic Full Recovery May Be Delayed – MIDFMOE Agrees To 10 Sarawak Claims To Strengthen EducationFuture Trends in Beauty Available in new NielsenIQ (NIQ) Global Beauty Innovation ReportIntegrated Ticket Merging KTMB, ERL Launched To Facilitate Railway TravellersConstruction Of 18 FA-50M Jets On Track, First Delivery Set For 2026 – Mohamed KhaledPahang Health Dept Raids Illegal Aesthetic, Dental ClinicsHigh-standard Certification, Diplomacy Strengthen Malaysia’s Position In Global Halal SectorFGV Strengthens Support for Local Livelihoods, Boosting Income for Independent Smallholders and FELDA SettlersMan Nabbed For Cable Theft At Telecommunications Substation In MerlimauFBM KLCI Futures Advance At OpeningWorldskills Lyon: Challenging Module, Surprise Task Await Youth On Day 3FBM KLCI Subdued At Opening On Caution Ahead Of Us Interest Rate DecisionBursa Malaysa Ends On A High NoteNetSfere Unveils Breakthrough in Secure Communication with Proprietary Generative AI IntegrationCSC bares result of local treasury, penology and fire officers’ examsKampung Dodol: A Legacy Of Unity, Harmony Amid Rapid DevelopmentAntique evacuates 545 families, suspends classes due to ‘Bebinca’Ringgit Opens Higher Against Weakening US Dollar6K N. Ecija ARBs relieved from paying P277-M debtsDOE Getting To The Bottom Of Sungai Tebrau PollutionBarbers to Roque: Man up, face Quadcom, submit docsNinh Binh welcomes over 6.8 million visitors in first 8 monthsGrandson of Ex-UMNO Information Chief To Continue Assisting Farmers In KelantanMinister meets foreign defence leaders in BeijingTun Juhar Accorded Rank Of Honorary Maritime Rear Admiral By MMEAPrime Minister receives ASEAN BAC delegationDigital Content Sector Offers Significant Potential For Economic Growth, Creativity – GobindOverseas Vietnamese continue raising funds for flood victims in homelandDVS Develops MyFeed App To Enhance Livestock Nutrition ManagementTop leader hosts Indonesian President-electTeacher Charged With Physical Sexual Assault On Former Male StudentNA Vice Chairwoman Nguyen Thi Thanh active in AustraliaEvent promotes Vietnam-Thailand educational cooperationBatangueños benefit from gov’t aid on PBBM’s birthdayOverseas Vietnamese worldwide raise funds for flood victims in VietnamVietnam – UK hold 5th defence policy dialogueNhan Dan Newspaper opens pavilion at 2024 L’Humanité festivalVice President Vo Thi Anh Xuan visits flood victims in northern provincesVice President Vo Thi Anh Xuan visits flood victims in northern provincesHa Long city welcoming tourists backPolls suggest Kamala Harris won presidential debateVietnam attends 11th Beijing Xiangshan ForumVietnam attends 11th Beijing Xiangshan ForumUnity Govt’s Success In Nurturing Islam Disproves PAS’ Narrative – Mohd KhairuddinHadi’s Remarks Irresponsible, Playing On Racial, Religious Sentiments – ObserversCops Nab Three Teens Linked To Syndicate Sourcing Mule Accounts For FraudCops Nab Three Teens Linked To Syndicate Sourcing Mule Accounts For FraudPolice Arrest Foreign Man Over Alleged Rape And Robbery Of Elderly Woman In Cyberjaya‘Illegal recruiter’ arrested, 5 rescued in Zambo CityFourth Joint Combined Exercise Strengthens Malaysia-Thailand Defence RelationsN. Korea discloses uranium enrichment facility for 1st timeMuhammad Shah Firdaus Urges Young Cyclists To Rise To The ChallengePenang To Discuss With KBS, Three Other States About Proposal To Co-host 2027 SEA GamesPearly-Thinaah Down Febriana-Amallia To Reach HK Open SemisMalaysia’s Izzat Shameer Climbs To Top Of The World Ranking List In Lawn BowlsKembara JOM: KBS To Address Economic Issues, Challenges Faced By YouthSelangor Whip Kuching City 4-0 To Maintain Second SpotProton’s Maiden EV Undergoes Extensive On-Road TestingFruitful Outcomes At 24th China International Fair For Investment & TradeHeitech Padu Bags RM133.73 Mln Contract From RTDRinggit Breaches 4.30 Level Against US Dollar, Hits 20-month HighPansar Unit Secures Contract Related To Sarawak-Sabah Link Road Worth RM777.11 MlnChina-Malaysia Bilateral Trade Surges To US$117.52 Bln In First 7 Months Of 2024Gold Futures End Higher
Sat. Sep 14th, 2024
Trending News: Bursa Malaysia Higher At Midday Following Overnight Gains On Wall StreetNational Energy Awards 2024 Showcases Malaysia’s Commitment To Energy Management, Energy Efficiency And Renewable Energy SolutionsPerak KPDN Seizes 493 Counterfeit Printer CartridgesGlobal Experts Convene To Share Insights On Farming Culture In HunanAaron-Wooi Yik To Skip China Open Due To InjuryMahkota By-election: Halal Certification Issue Not Affecting UMNO-DAP Cooperation – NgaChina EV Companies In Negotiations To Invest In PerlisPublic Told Not To Speculate On Integrated Op At Similajau National ParkNanta To Attend Future Mobility Summit In DubaiPerhilitan Captures Bull Elephant In MersingBudget 2025: KESUMA Puts Strong Emphasis On TVET Institutions – Deputy MinisterThree Immigration Officers Among Four On Remand For BriberyBlackmores Celebrates 10th Platinum Win With Trusted Brands 2024Vietnamese female professor honoured with Ramon Magsaysay AwardThe 24th China International Fair for Investment & Trade concluded with fruitful results — Investment Linking the World and Opening Up for a Win-Win FutureNegros LGUs suspend classes amid heavy rains, floodingSarawak’s Wong Hee Sieng Joins MAVCOMMarcos birthday wish: Agri sector developmentImmigration Dept Extends Operating Hours During School HolidaysDAR empowers female employees thru ‘Binibining Agraryo’Penang Coach Accepts Costly But Indisputable Penalty DecisionsPAL to launch Cebu-Osaka flights in DecemberOp Global: 13 Children Believed To Be Sodomised, Police Open IP Against Four Men – IGPDOH warns public vs. supposedly imported mpox vaxNetsfere’s Proprietary GenAi Integration Redefines Enterprise Security, ProductivityDA condemns 400 ASF-hit hogs intercepted in NCR checkpointsKura Sushi To Open Revolving Sushi Restaurant With World’s Largest Seating Capacity And Longest Lanes At Osaka-Kansai ExpoQuiboloy’s 4 aides ordered transferred to Pasig jailKing, Queen To Grace Maulidur Rasul Celebration At PICC On MondayWorking Committee To Be Established To Examine Water Pollution Threat – PMA Foreign Enterprise Increases Capital And Expands Production In Haicang, Xiamen, ChinaMASIC, Space Scotland Ink MoU To Foster Cooperation In Space SectorMalaysia Joins WIPO Alert To Strengthen Intellectual Property ProtectionPM Anwar Wishes Happy 67th Birthday To MarcosJBG To Provide Legal Companion Service To Victims Of Sexual Exploitation – AzalinaRat Droppings Force Closure Of Penang Food OutletsAviation: Malaysia’s Passenger Traffic Full Recovery May Be Delayed – MIDFMOE Agrees To 10 Sarawak Claims To Strengthen EducationFuture Trends in Beauty Available in new NielsenIQ (NIQ) Global Beauty Innovation ReportIntegrated Ticket Merging KTMB, ERL Launched To Facilitate Railway TravellersConstruction Of 18 FA-50M Jets On Track, First Delivery Set For 2026 – Mohamed KhaledPahang Health Dept Raids Illegal Aesthetic, Dental ClinicsHigh-standard Certification, Diplomacy Strengthen Malaysia’s Position In Global Halal SectorFGV Strengthens Support for Local Livelihoods, Boosting Income for Independent Smallholders and FELDA SettlersMan Nabbed For Cable Theft At Telecommunications Substation In MerlimauFBM KLCI Futures Advance At OpeningWorldskills Lyon: Challenging Module, Surprise Task Await Youth On Day 3FBM KLCI Subdued At Opening On Caution Ahead Of Us Interest Rate DecisionBursa Malaysa Ends On A High NoteNetSfere Unveils Breakthrough in Secure Communication with Proprietary Generative AI IntegrationCSC bares result of local treasury, penology and fire officers’ examsKampung Dodol: A Legacy Of Unity, Harmony Amid Rapid DevelopmentAntique evacuates 545 families, suspends classes due to ‘Bebinca’Ringgit Opens Higher Against Weakening US Dollar6K N. Ecija ARBs relieved from paying P277-M debtsDOE Getting To The Bottom Of Sungai Tebrau PollutionBarbers to Roque: Man up, face Quadcom, submit docsNinh Binh welcomes over 6.8 million visitors in first 8 monthsGrandson of Ex-UMNO Information Chief To Continue Assisting Farmers In KelantanMinister meets foreign defence leaders in BeijingTun Juhar Accorded Rank Of Honorary Maritime Rear Admiral By MMEAPrime Minister receives ASEAN BAC delegationDigital Content Sector Offers Significant Potential For Economic Growth, Creativity – GobindOverseas Vietnamese continue raising funds for flood victims in homelandDVS Develops MyFeed App To Enhance Livestock Nutrition ManagementTop leader hosts Indonesian President-electTeacher Charged With Physical Sexual Assault On Former Male StudentNA Vice Chairwoman Nguyen Thi Thanh active in AustraliaEvent promotes Vietnam-Thailand educational cooperationBatangueños benefit from gov’t aid on PBBM’s birthdayOverseas Vietnamese worldwide raise funds for flood victims in VietnamVietnam – UK hold 5th defence policy dialogueNhan Dan Newspaper opens pavilion at 2024 L’Humanité festivalVice President Vo Thi Anh Xuan visits flood victims in northern provincesVice President Vo Thi Anh Xuan visits flood victims in northern provincesHa Long city welcoming tourists backPolls suggest Kamala Harris won presidential debateVietnam attends 11th Beijing Xiangshan ForumVietnam attends 11th Beijing Xiangshan ForumUnity Govt’s Success In Nurturing Islam Disproves PAS’ Narrative – Mohd KhairuddinHadi’s Remarks Irresponsible, Playing On Racial, Religious Sentiments – ObserversCops Nab Three Teens Linked To Syndicate Sourcing Mule Accounts For FraudCops Nab Three Teens Linked To Syndicate Sourcing Mule Accounts For FraudPolice Arrest Foreign Man Over Alleged Rape And Robbery Of Elderly Woman In Cyberjaya‘Illegal recruiter’ arrested, 5 rescued in Zambo CityFourth Joint Combined Exercise Strengthens Malaysia-Thailand Defence RelationsN. Korea discloses uranium enrichment facility for 1st timeMuhammad Shah Firdaus Urges Young Cyclists To Rise To The ChallengePenang To Discuss With KBS, Three Other States About Proposal To Co-host 2027 SEA GamesPearly-Thinaah Down Febriana-Amallia To Reach HK Open SemisMalaysia’s Izzat Shameer Climbs To Top Of The World Ranking List In Lawn BowlsKembara JOM: KBS To Address Economic Issues, Challenges Faced By YouthSelangor Whip Kuching City 4-0 To Maintain Second SpotProton’s Maiden EV Undergoes Extensive On-Road TestingFruitful Outcomes At 24th China International Fair For Investment & TradeHeitech Padu Bags RM133.73 Mln Contract From RTDRinggit Breaches 4.30 Level Against US Dollar, Hits 20-month HighPansar Unit Secures Contract Related To Sarawak-Sabah Link Road Worth RM777.11 MlnChina-Malaysia Bilateral Trade Surges To US$117.52 Bln In First 7 Months Of 2024Gold Futures End Higher
Sat. Sep 14th, 2024

PCG Posts PAT Of RM809 Million In 2Q 2024


KUALA LUMPUR: PETRONAS Chemicals Group Berhad (PCG) registered Profit After Tax (PAT) of RM809 million for its second quarter in the Financial Year Ending 31 December 2024. During the quarter, revenue grew 3% against 1Q 2024 to RM7.7 billion, mainly driven by higher sales volume in the Group’s Fertilisers and Methanol segment and higher contribution from the Specialties segment.

Global oversupply of petrochemicals, low growth and geopolitical unrests amidst uncertain macroeconomic outlook continue to weigh heavily on the sector. Prices of selected olefin products remained high on temporary supply shortages stemming from logistics disruption and plant maintenance shutdowns in the Asia Pacific region, whereas supply availability placed downward pressure on prices of urea, propylene and monoethylene glycols. Margin compression due to high energy, chemical feedstock and other operational costs continued to pose challenges, particularly for downstream producers.

Source:BERNAMA News Agency

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