![Petronas 1H Profit Drops 19% to RM32.4 Billion](/content/images/size/w600/2024/09/59f2ab3d-6f22-49c8-9e42-f7b162b7768d.png)
Finance
Petronas 1H Profit Drops 19% to RM32.4 Billion
Malaysian state energy firm Petroliam Nasional Bhd (Petronas) reported a decline in profit for the first half of 2024, with net income dropping by 19% to RM32.4 billion ($7.48 billion) from RM40.2 billion in the same period last year. The decrease was attributed to increased volatility in