KUALA LUMPUR, Nov 27 (Bernama) -- Petronas Dagangan Bhd's shares slid in the early trade on Thursday, after the company announced a lower third quarter (3Q) 2025 net profit and revenue.
At 11.30 am, Petronas Dagangan shares dropped 96 sen or 4.61 per cent to RM19.86, with 186,400 shares traded.
The company reported that its net profit slipped to RM281.25 million in 3Q 2025 from RM335.13 million in 3Q 2024, citing the decline in average selling prices, while its revenue also slipped to RM9.53 billion versus RM9.73 billion previously.
In a note, MBSB Investment Bank Bhd said the outlook for Petronas Dagangan remains stable, adding that the company is projected to navigate a challenging global environment, leveraging the resilience of the domestic Malaysian economy.
"Despite persistent global headwinds, we noted that Petronas Dagangan is actively implementing proactive strategies to mitigate these risks.
"Retail may face some pressure due to evolving consumer behaviour, but this is offset by the strong performance of commercial, which is benefiting from higher demand for diesel and jet A1 fuel," it said.
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