Petroliam Nasional Bhd (PETRONAS) saw its profit after tax decline 18% to RM45.39bil for the financial year ended Dec 31, 2025 (FY25), from RM55.09bil in FY24, no thanks to weaker oil prices and lower sales volumes of crude oil and condensates.
Revenue fell 17% to RM266.14bil from RM319.96bil previously, while earnings before interest, tax, depreciation and amortisation (Ebitda) slipped 10% to RM103bil from RM114.09bil.
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