PETALING JAYA: Following a record net profit of RM1. 96bil for the third quarter ended Sept 30, 2021( Q3) of its financial year 2021( FY21), Petronas Chemicals Group Bhd( PetChem) can see weaker sequential earnings in Q4 due to ongoing turnaround activity at its 63.5%-owned Asean Bintulu Fertiliser plant. That said, analyst reports issued yesterday largely had a “ buy ” call on the stock, as the petrochemicals group is expected to continue to post higher earnings on a year-on-year basis, boosted
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2021-11-24 00:00:00.0