Petronas Dagangan Berhad, listed on Bursa Malaysia under the stock symbol PETDAG, has experienced a decline of 19.55% over the past 12 months. The current stock price stands around 17.94 MYR as of October 2024. Despite the decrease, the company remains a key player in the downstream petroleum retailing and marketing sector in Malaysia.
In terms of financial performance, Petronas Dagangan reported revenue of MYR 39.22 billion in the last 12 months, with a net income of MYR 867.96 million. The company’s earnings per share (EPS) was 0.87 MYR, and it offered a dividend yield of 4.34% in 2024. The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.02 and a current ratio of 1.37, indicating financial stability (Stock Analysis) (Stock Analysis).
Despite the challenges, Petronas Dagangan’s performance in terms of profitability and dividend yield continues to attract long-term investors in the oil and gas sector.