Petronas Dagangan Net Profit Rises To RM387.21 Mln In 2Q 2026, Declares 25 Sen Dividend
KUALA LUMPUR, Aug 24 (Bernama) -- Petronas Dagangan Bhd’s net profit rose to RM387.21 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM265.53 million in the same quarter a year ago.
In a Bursa Malaysia filing, the company said higher net profit during the quarter was driven by higher gross profit from the commercial segment, partially offset by lower margins from the retail segment coupled with higher expenditure.
Revenue also jumped to RM16.09 billion from RM9.07 billion previously, mainly contributed by higher average selling prices coupled with higher sales volume.
“The retail segment revenue increased by RM4.10 billion or 85 per cent arising from higher average selling prices by 73 per cent and sales volume of seven per cent.
“The commercial segment recorded an increase in revenue of RM2.92 billion or 70 per cent contributed by higher average selling prices of 80 per cent, offset by lower sales volume by six per cent.
“Convenience segment revenue recorded for the quarter stood at RM64.9 million, marginally higher by RM700,000 or one per cent compared to the corresponding quarter last year,” it said.
For the first six months of 2026, Petronas Dagangan net profit advanced to RM670.21 million from RM559.03 million, while revenue increased to RM27.24 billion from RM18.16 billion.
On prospects, it said geopolitical developments in West Asia are expected to continue to influence global energy markets and the oil price outlook in the second half of 2026.
“In navigating this environment, the group remains focused on executing its strategic priorities through disciplined cost management, supply reliability and delivering an integrated mobility and retail experience.
“The group will continue to respond proactively to evolving market conditions and regulatory policies, while maintaining operational excellence and business resilience,” it said.
The board has declared an interim dividend of 25 sen per ordinary share amounting to RM248.36 million for the second quarter ended June 30, 2026, payable on Sept 23, 2026.
-- BERNAMA