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Petronas Dagangan slips into red in Q1, dividend falls by two-thirds

KUALA LUMPUR: Petronas Dagangan Bhd (PetDag) slipped into the red in the first quarter (Q1) ended March 31, 2020, recording a net loss of RM29.42 million compared with a net profit of RM291.20 million a year earlier. Revenue also declined to RM6.55 billion compared with RM7.81 billion in the same period last year. In a […]