Thursday, November 23, 2006

Petronas ballooning Profits


Malaysian oil-and-gas company Petroliam Nasional Bhd. on Thursday reported a 22 percent rise in net profit for the first half of its financial year.

Petronas said its net profit for the six months ended Sept. 30 climbed to RM24.66 billion from RM20.29 billion in the same period a year earlier.

Revenue rose 9.9 percent on year to RM88.85 billion.

Another bumper year and more money for Pak Lah to spent on the 9MP.

UMNO MPs and State EXCOs, cheers!!!! Malaysian commoners, nothing to cheer; nothing for you unless you are a crony.

3 comments:

Anonymous said...

or unless you own stock :P

Lin Peh said...

Dun be so negative la ! 9MB got money, the contractor will make a lot of money, they will go nightclub and spend on GRO! GRO got money can go eat at restaurant ! Restaurant got business they will hire many waiters. The many waiters got money they all go pasar malam buy VCD then...Lin Peh also got business a bit lor ! SO....CHEERS!

chong y l said...

mave:

the lust time I wrote on Pteronas huge net profits of RM43.6billion for FYE March 2006, one or 2 UMNO/MCA/MIC / crony blogers wrote even before I copuld add an update predicting that my ER would be flooding with appeals for Govt to lower pump prices, also calling us in derisive manner "socialist"!

Well, thanks for placing this on record -- the numbers add up to my prediction that the full year's profits will touch RM50billion -- yeah, where does the Rakyat fit in in this National Oil Corporation's scheme of things?:(