Petron Malaysia Refining & Marketing Bhd reported unaudited earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue of MYR 3,126,523,000 compared to MYR 2,415,510,000 a year ago. Results from operating activities were MYR 109,598,000 compared to MYR 77,521,000 a year ago. Profit before tax was MYR 125,880,000 compared to MYR 117,571,000 a year ago. Profit for the period was MYR 92,423,000 compared to MYR 90,999,000 a year ago. Profit attributable to equity holders of the company was MYR 92,423,000 compared to MYR 90,999,000 a year ago. Earnings of 34.2 sen per basic share compared to 33.7 sen per basic share a year ago.

For the six months, the company reported revenue of MYR 5,853,398,000 compared to MYR 4,972,114,000 a year ago. Results from operating activities were MYR 184,430,000 compared to MYR 214,414,000 a year ago. Profit before tax was MYR 222,035,000 compared to MYR 266,048,000 a year ago. Profit for the period was MYR 164,547,000 compared to MYR 199,536,000 a year ago. Profit attributable to equity holders of the company was MYR 164,547,000 compared to MYR 199,536,000 a year ago. Earnings of 60.9 sen per basic share compared to 73.9 sen per basic share a year ago. Net cash used in operating activities was MYR 95,767,000 compared to net cash from operating activities of MYR 273,178,000 a year ago. Acquisition of property plant and equipment was MYR 57,375,000 compared to MYR 36,716,000 a year ago. Proceeds from disposals of property, plant and equipment was MYR 2,750,000 compared to MYR 52,734,000 a year ago.

For the second quarter the property plan equipment write off is MYR 103,000 compared to MYR 2,000 a year ago. Impairment loss was MYR 45,000.