KUALA LUMPUR: PETRONAS Chemicals Bhd ended 2024 on a strong quarter as foreign exchange gains boosted its bottomline.
The petrochemicals group reported a net profit of RM519mil in the quarter ended Dec 31, 2024, more than four times the net profit of RM112mil in the year-ago quarter.
It said this was in line with improved earnings before interest, taxation, depreciation and amortisation (Ebitda) of RM710mil, and unrealised forex gain on revaluation of shareholder loan to PPC.
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