Petronas Gas Optimistic In Delivering Another Resilient Performance

Petronas Gas Berhad Group of Companies said it reaffirms its commitment to ensure sustainable value creation from its existing core businesses while pursuing growth. This includes securing more high impact projects by leveraging on PGB’s core competencies as well as other industry-adjacent opportunities. These were shared during PGB’s 41st Annual General Meeting (AGM) which was held earlier today to present the Company’s 2023 performance to its shareholders.

Its efforts in upholding its strength, resilience, and sustainability in the face of challenging environment are anchored on its strategic agenda i.e. pursuing growth while sustaining commercial, project and operational excellence. Concurrently, PGB is also embedding sustainability into every facet of its decision-making processes, aligning the priorities of economic growth and sustainable development as of equal importance at all levels.

Managing Director and Chief Executive Officer (MD/CEO), Abdul Aziz Othman highlighted on the Group’s 2023 strong financial results at the AGM. “The Group’s Profit After Tax rose by 8.1% compared to the previous year, achieving RM1.9 billion. Backed by improved performance, the Group declared total dividends of 72 sen per share”. He added, “Despite the constant challenging environment, we are optimistic in delivering another resilient performance as we focus our efforts moving forward”.

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