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Petronas posts 50% jump in net profit for 2004-2005.
(From Chemical Business NewsBase - The Star (Malaysia))
Petronas posted a 50% rise in net profit to Ringgit 35.6 bn for year ended Mar 2005 (profit of Ringgit 23.7 bn in year ended Mar 2004). The rise in oil prices from $30.9/bbl to $45/bbl with higher volume of oil sold, better LNG and petrochemical prices, and increased shipping income ...
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