KUALA LUMPUR, Feb 23 (Bernama) — PETRONAS Chemicals Group Berhad (PCG) recorded full year profit after tax of RM1.6 billion in its Financial Year Ended 31 December 2020 (FY2020) driven by strong operational performance and recovery of petrochemical prices in the fourth quarter of 2020. Despite the unprecedented and extremely challenging environment, PCG recorded itshighest plant production volume and maintained positive earnings margins throughout the year. These were achieved while navigating market uncertainties as well as trade flow impacts caused by the OPEC+ fallout and COVID-19 pandemic.
Key highlights FY2020 vs FY2019
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