Kuala Lumpur, 10 June 2020 - PETRONAS Dagangan Berhad (PDB) closed 2019 with a commendable performance, achieving a Profit Before Tax of RM1,128.9 million and increasing its sales volume by 5% to 15.6 billion litres as compared to the previous financial year. Despite a challenging operating environment, PDB managed to sustain its growth trajectory, a clear demonstration of the Company's resilience in navigating through market adversities.
In keeping with the robust financial results for 2019, PDB had declared and paid a total dividend of 85 sen per ordinary share for the year 2019 representing a payout ratio of 104%.
The Company held its 38th Annual General Meeting on 10th June in a virtual setting, chaired by PDB's Chairman, Datuk Md Arif Mahmood, who is also PETRONAS' Executive Vice President & CEO Downstream, accompanied by PDB's Managing Director and Chief Executive Officer, Azrul Osman Rani and PDB's Chief Financial Officer, Farzlina Ahmad Murad.
In keeping with the robust financial results for 2019, PDB had declared and paid a total dividend of 85 sen per ordinary share for the year 2019 representing a payout ratio of 104%.
The Company held its 38th Annual General Meeting on 10th June in a virtual setting, chaired by PDB's Chairman, Datuk Md Arif Mahmood, who is also PETRONAS' Executive Vice President & CEO Downstream, accompanied by PDB's Managing Director and Chief Executive Officer, Azrul Osman Rani and PDB's Chief Financial Officer, Farzlina Ahmad Murad.
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Petronas Dagangan Bhd published this content on 12 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 June 2020 03:32:02 UTC
