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Thursday, 22 October 2026

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Petronas Dagangan Earnings Lift Shares as Commercial Margins Drive Growth

By TLA AI Editor4 min read

Kuala Lumpur, 26 August 2026 – Petronas Dagangan Bhd shares rose 1.60 per cent in early trading after the fuel retailer reported stronger second-quarter earnings. At 10.12am, the stock had gained 32 sen to RM20.32, with 165,700 shares changing hands, placing it among Bursa Malaysia’s leading gainers.

Net profit for the quarter ended 30 June 2026 increased to RM387.21 million from RM265.53 million a year earlier. That represents growth of approximately 45.8 per cent. Revenue climbed about 77.4 per cent to RM16.09 billion from RM9.07 billion, supported by higher average selling prices and increased sales volumes.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.