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Date Published
Petronas records RM21.0 bln loss for fiscal year 2020 on RM31.5 bln impairment
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Petronas records RM21.0 bln loss for fiscal year 2020 on RM31.5 bln impairment

KUALA LUMPUR, Feb 26 — Petroliam Nasional Bhd (Petronas) today reported a group loss after tax of RM21.0 billion for the financial year ended December 31, 2020 (FY20) due to net impairment losses totalling RM31.5 billion -- its biggest so far -- compared to a profit after tax (PAT) of RM40.5 billion in 2019.

Editor Selangor Journal
26 Feb 2021
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