Among the best decision Madani has ever done.

Petronas has been paying up all those useless fat cats in the company.

Time to cut those fatties.

Puak bodo Puas and PeeN and Doomno.

Comparing to najib time. Today we got what?

Just came out of Covid....never ending MCO, then Russia-Ukraine war, then tariff war that we have never witnessed since world war 2.

I would love to see how PM Hadie handles this, again his cohorts will blame concert, beer and vernacular again.

sadly those fat cats not the one the fired
u know they like to keep those useless free rider in higher management in place but terminate those frontlines who actually productive

grow some brains la macam Pas.

float what? Still got subsidy. Those years were the glory years with no tariff.

Today with the tariff war, there is reduced demand for fuel.

Zaman Sakbri and PN in 2021 was as high as 0.7 per share in 2021, and made the lowest EBiT 751m vs 2025 EBIT 1.6billion.
PETRONAS Dagangan Berhad Income Statement
Financials in millions MYR. Fiscal year is January - December.
TTM


Millions
Fiscal Year
TTM FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
2015 - 2019
Period Ending
Mar 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
2015 - 2019
Revenue
37,651 37,951 37,549 36,749 22,674 18,711
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Revenue Growth (YoY)
-1.69% 1.07% 2.18% 62.08% 21.18% -38.23%
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Cost of Revenue
33,470 33,470 33,539 33,095 19,939 16,439
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Gross Profit
4,181 4,481 4,010 3,654 2,735 2,272
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Selling, General & Admin
3,249 3,249 2,973 2,797 2,157 2,233
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Other Operating Expenses
-692.36 -316.11 -314.55 -291.76 -173.29 -363.79
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Operating Expenses
2,568 2,933 2,659 2,505 1,984 1,869
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Operating Income
1,612 1,548 1,351 1,149 751.19 402.53
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Interest Expense
-9.96 -8.79 -10.34 -21.23 -9.53 -14.88
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Earnings From Equity Investments
14.92 -4.42 -4.9 11.33 1.22 -0.08
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Other Non Operating Income (Expenses)
-4.27 -4.27 -4.23 -3.98 -2.11 -1.16
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Pretax Income
1,613 1,531 1,332 1,135 740.77 386.42
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Income Tax Expense
428.25 414.03 364.84 347.2 209.54 114.01
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Earnings From Continuing Operations
1,185 1,117 966.78 787.84 531.23 272.41
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Net Income to Company
1,185 1,117 966.78 787.84 531.23 272.41
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Minority Interest in Earnings
-30.7 -30 -23.7 -11.24 -1.48 3.55
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Net Income
1,154 1,087 943.08 776.6 529.75 275.96
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Net Income to Common
1,154 1,087 943.08 776.6 529.75 275.96
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Net Income Growth
33.07% 15.22% 21.44% 46.59% 91.97% -66.73%
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Shares Outstanding (Basic)
993 993 993 993 993 993
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Shares Outstanding (Diluted)
993 993 993 993 993 993
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EPS (Basic)
1.16 1.09 0.95 0.78 0.53 0.28
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EPS (Diluted)
1.16 1.09 0.95 0.78 0.53 0.28
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EPS Growth
33.07% 15.22% 21.44% 46.60% 91.97% -66.73%
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Free Cash Flow
1,912 1,394 -554.1 1,560 -177.21 -80.4
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Free Cash Flow Per Share
1.92 1.40 -0.56 1.57 -0.18 -0.08
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Dividend Per Share
0.890 0.870 0.800 0.620 0.700 0.380
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Dividend Growth
7.23% 8.75% 29.03% -11.43% 84.21% -45.71%
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Gross Margin
11.10% 11.81% 10.68% 9.94% 12.06% 12.14%
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Operating Margin
4.28% 4.08% 3.60% 3.13% 3.31% 2.15%
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Profit Margin
3.06% 2.86% 2.51% 2.11% 2.34% 1.47%
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Free Cash Flow Margin
5.08% 3.67% -1.48% 4.25% -0.78% -0.43%
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EBITDA
2,008 1,932 1,725 1,504 1,065 739.88
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EBITDA Margin
5.33% 5.09% 4.59% 4.09% 4.70% 3.95%
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D&A For EBITDA
396 384.08 374.38 354.93 313.9 337.35
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EBIT
1,612 1,548 1,351 1,149 751.19 402.53
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EBIT Margin
4.28% 4.08% 3.60% 3.13% 3.31% 2.15%
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Effective Tax Rate
26.55% 27.05% 27.40% 30.59% 28.29% 29.50%
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This post has been edited by hoonanoo: Jun 8 2025, 04:47 PM

Who's next , halia? 🤔

Macai said siapa suruh lu miskin

of course blame the major shareholder... which is gov of malaysia rite?

we kept on hearing stories like how petronas staffs all get super high bonuses like exceed 1 year...

so all it has to do is to cut bonus down to 0 months.... and there is no need to fire anyone.... and stop extending the retirement age or giving out contracts to those retiring... these are the most expensive of the cronies...

Contract based employees include those who are above retirement age and are renewed annually, Sime Darby did the same few years back during low CPO price, they just don't renew those above 60.

who did they vote for

Bodo, otak Kat buntut ke? That ajip kor is bapa penyamun and bapa jual negara. Thank to him, China sekarang datang ramai ramai, after so many China people enter Malaysia…what did Malaysia get? More scam center and more business loss.

Damn stupid. Ajib kor is bapa penyamun …rosmah lagi tak perlu kata. Still got people support najib??? What the fak

Tatau! Let’s wit and see who DAP is going after.

salah semenanjung, dap or madani

official script for ketard

Oren kito have very short memory. Like to blame kerajaan and dap. But they all forgot Bijian time got this one. Tabung Haji also can happen like this.

https://says.com/my/news/things-you-need-to-know-about-tabung-haji-s-alleged-missing-rm4-billion


8 Things To Know About Tabung Haji's "Missing" RM4 Billion And Alleged Misuse Of Funds

2. TH's first report alleged that RM22 million from Yayasan Tabung Haji (YTH) was used for political activities, which contravenes its memorandum and articles of association

4. Shortly after the reports were made public, Singaporean news portal The Straits Times revealed that TH was RM4 billion short of deposits in 2016. It was supposed to have RM64 billion in assets.

5. Citing an anonymous senior official in the Pakatan Harapan (PH) government, The Straits Times also reported that TH's former management had "faked last year's account" to justify its pre-GE14 dividend payout

7. After the police reports went public, former TH chairperson Abdul Azeez called the allegations an "attempt to embarrass" him and the pilgrim fund

https://www.malaymail.com/news/malaysia/202...8-polic/1925521

KUALA LUMPUR, Nov 24 — The authorities are still investigating the alleged mismanagement of Muslim pilgrim savings fund Tabung Haji as was made aware to the police and Malaysian Anti-Corruption Commission (MACC) in November 2018, the Prime Minister’s Department has said.

It was responding to former Tabung Haji chairman and Baling MP Datuk Seri Abdul Azeez Abdul Rahim, who had asked the prime minister to state the outcome of investigations into allegations of the embezzlement of funds owned by Tabung Haji by its top management between 2009 and 2017, and the steps that the government has taken as a result of the investigations.

Oren kito have very short memory. Like to blame kerajaan and dap. But they all forgot Bijian time got this one. Tabung Haji also can happen like this.

https://says.com/my/news/things-you-need-to-know-about-tabung-haji-s-alleged-missing-rm4-billion


8 Things To Know About Tabung Haji's "Missing" RM4 Billion And Alleged Misuse Of Funds

2. TH's first report alleged that RM22 million from Yayasan Tabung Haji (YTH) was used for political activities, which contravenes its memorandum and articles of association

4. Shortly after the reports were made public, Singaporean news portal The Straits Times revealed that TH was RM4 billion short of deposits in 2016. It was supposed to have RM64 billion in assets.

5. Citing an anonymous senior official in the Pakatan Harapan (PH) government, The Straits Times also reported that TH's former management had "faked last year's account" to justify its pre-GE14 dividend payout

7. After the police reports went public, former TH chairperson Abdul Azeez called the allegations an "attempt to embarrass" him and the pilgrim fund

https://www.malaymail.com/news/malaysia/202...8-polic/1925521

KUALA LUMPUR, Nov 24 — The authorities are still investigating the alleged mismanagement of Muslim pilgrim savings fund Tabung Haji as was made aware to the police and Malaysian Anti-Corruption Commission (MACC) in November 2018, the Prime Minister’s Department has said.

It was responding to former Tabung Haji chairman and Baling MP Datuk Seri Abdul Azeez Abdul Rahim, who had asked the prime minister to state the outcome of investigations into allegations of the embezzlement of funds owned by Tabung Haji by its top management between 2009 and 2017, and the steps that the government has taken as a result of the investigations.

YEAH and ZAMAN BIJIAN also DID this to Tabung Haji. His personally appointed guy running the show. You people got short term memory loss one.

https://says.com/my/news/things-you-need-to-know-about-tabung-haji-s-alleged-missing-rm4-billion


8 Things To Know About Tabung Haji's "Missing" RM4 Billion And Alleged Misuse Of Funds

2. TH's first report alleged that RM22 million from Yayasan Tabung Haji (YTH) was used for political activities, which contravenes its memorandum and articles of association

4. Shortly after the reports were made public, Singaporean news portal The Straits Times revealed that TH was RM4 billion short of deposits in 2016. It was supposed to have RM64 billion in assets.

5. Citing an anonymous senior official in the Pakatan Harapan (PH) government, The Straits Times also reported that TH's former management had "faked last year's account" to justify its pre-GE14 dividend payout

7. After the police reports went public, former TH chairperson Abdul Azeez called the allegations an "attempt to embarrass" him and the pilgrim fund

https://www.malaymail.com/news/malaysia/202...8-polic/1925521

KUALA LUMPUR, Nov 24 — The authorities are still investigating the alleged mismanagement of Muslim pilgrim savings fund Tabung Haji as was made aware to the police and Malaysian Anti-Corruption Commission (MACC) in November 2018, the Prime Minister’s Department has said.

It was responding to former Tabung Haji chairman and Baling MP Datuk Seri Abdul Azeez Abdul Rahim, who had asked the prime minister to state the outcome of investigations into allegations of the embezzlement of funds owned by Tabung Haji by its top management between 2009 and 2017, and the steps that the government has taken as a result of the investigations.

Makan tak boleh boleh lari tu boss. Haha. Daily meeting ka, weekly meeting ka..
Kalau HSE day lagi lah..haha..

Analwar: We received BILLIONS of investment from CHINA

yang ini kau tak nak comment ke???????????????

You can ask people that work in the O&G industry how working with Petronas is..I got work with them before for a Feasibility study project for 1 year and really facepalm

Out of 10 ppl, only 2-3 really doing work the rest all gaji buta..simple technical questions/updates also they can’t answer and expect vendor to settle.

So not surprise they are trimming their workforce now..10% really conservative should be 30% gone lol.. The only reason Petronas is surviving is because of PDA and mandate from government if not lama sudah tapau

That’s exactly what I’ve been saying, most of the work is outsourced. Vendors handle the bulk of operations. This isn’t just limited to one company it’s the same with big names like U Mobile, CelcomDigi, and Maxis. On top of that, a lot of people get hired through referrals rather than open application. Oil and gas is so profitable that sometimes it feels like the business runs itself even when they hire people who don’t seem to know what they’re doing

Feasibility study for upstream project? Wonder which dept is that.