PetDag continues to deliver value to shareholders

TheStar Tue, Mar 30, 2021 10:20am - 3 years View Original


Chairman Datuk Md Arif Mahmood (pic) noted that PetDag has been in business for almost four decades and hence appreciates the efforts required to navigate the next normal and ensure long-term sustainability of the company..

KUALA LUMPUR: Petronas Dagangan Bhd (PetDag) is well-positioned to continue thriving in what is increasingly being referred to as the next normal amid signs of recovery in 2021 and despite a volatile outlook for the year ahead.

Chairman Datuk Md Arif Mahmood (pic) noted that PetDag has been in business for almost four decades and hence appreciates the efforts required to navigate the next normal and ensure long-term sustainability of the company.

In its annual report, he said the unprecedented Covid-19 pandemic, combined with increased economic uncertainties and oil price volatility, tested the resilience of governments and businesses alike, resulting in one of the toughest business environments for the company.

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