PETRONAS' FY23 net profit lower at RM80.7bil amid reduction in average realised prices

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) posted a lower net profit of RM80.7 billion in the financial year ended Dec 31, 2023 (FY2023) compared to RM101.6 billion in the preceding year, mainly impacted by lower average realised prices.

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