By DayakDaily Team
KUCHING, May 29: In the first quarter ended March 31, 2026, PETRONAS Dagangan Berhad (PDB) delivered a financial performance that is both robust and resilient.
According to a media release, this was through focused and steady operations while ensuring quality of service and convenience across its network, despite a volatile global oil market environment.
Among the key highlights are:
- Revenue increased 23 per cent to RM11.2 billion compared to the same quarter last year (Q1 2025), supported by higher average selling prices and stronger sales volumes.
- Total sales volume grew 7 per cent year-on-year, underpinned by an increase in Mogas volumes through Setel’s seamless customer experience following the BUDI95 implementation, as well as higher commercial demand.
- Profit After Tax (PAT) stood at RM291.4 million, a marginal three per cent decrease compared with the same period last year (Q1 2025), primarily due to higher product costs following market price increases.
PETRONAS Dagangan managing director and chief executive officer, Azrul Osman Rani, said, “In a volatile market, our priority is clear—keep our customers moving with reliable fuel supply and consistent service quality and convenience at every customer touchpoint. Quarter one reflects the strength of our core business and the discipline of our teams. We will stay focused on operational excellence and customer centricity as we respond quickly to cost and market pressures.”
“While conditions remain dynamic, we are confident in our ability to navigate challenges across our retail and commercial segments. We will continue to strengthen our customer value proposition as we deliver long-term value,” he added.
PDB has declared an interim dividend of 18 sen per ordinary share for the quarter ended March 31, 2026. — DayakDaily
