Petronas expects a challenging year as Q1 profit falls

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), which yesterday reported a 68 per cent year-on-year decline in first-quarter (Q1) profit, sees a very challenging outlook for the rest of this year, with economic activities expected to only recover gradually in the second half of 2020. President and group chief executive officer Tan Sri Wan Zulkiflee Wan Ariffin said industry players, including […]