KUALA LUMPUR, May 23 (Bernama) — PETRONAS Dagangan Berhad (PETRONAS Dagangan) today announced a strong start to the year, posting a pre-tax profit of RM409.2 million for the first quarter ended 31 March 2025, a 25 per cent increase from the corresponding quarter (Q1 FY2024) and 13 percent increase from the preceding quarter (Q4 FY2024). This was primarily driven by lower expenditure and stable gross profit levels, offset by a marginal decline in sales volume.
The softer volume was largely attributable to reduced Diesel and Mogas sales in the Retail segment, reflecting more measured domestic household spending during the festive season. In contrast, the Commercial segment recorded stronger uptake, as a result of higher demand for aviation fuel. The Convenience segment remained steady, focusing on elevating customer experiences whilst optimising the operating expenditure.