KUALA LUMPUR, May 29 (Bernama) -- In the first quarter ended 31 March 2026, PETRONAS Dagangan Berhad (PDB) delivered a financial performance that is both robust and resilient. This was through focused and steady operations while ensuring quality of service and convenience across its network, despite a volatile global oil market environment.
Key Highlights:•
Revenue increased 23% to RM11.2 billion compared to the same quarter last year (Q1 2025), supported by higher average selling prices and stronger sales volumes.
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Total sales volume grew 7% year-on-year, underpinned by increase in Mogas volumes through Setel’s seamless customer experience following the BUDI95 implementation, as well as higher commercial demand.
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Profit After Tax (PAT) stood at RM291.4 million, a marginal 3% decrease compared with the same period last year (Q1 2025), primarily due to higher product costs following market price increases.
PETRONAS Dagangan Managing Director and Chief Executive Officer, Azrul Osman Rani said, “In a volatile market, our priority is clear – keep our customers moving with reliable fuel supply and consistent service quality and convenience at every customer touchpoint. Quarter one reflects the strength of our core business and the discipline of our teams. We will stay focused on operational excellence and customer centricity as we respond quickly to cost and market pressures.”
“While conditions remain dynamic, we are confident in our ability to navigate challenges across our retail and commercial segments. We will continue to strengthen our customer value proposition as we deliver long-term value,” he added.
PDB has declared an interim dividend of 18 sen per ordinary share for the quarter ended 31 March 2026.
ABOUT PETRONAS DAGANGAN BERHADPETRONAS Dagangan Berhad is the principal domestic marketing arm of Petroliam Nasional Berhad (PETRONAS), which holds 63.94 per cent of its equity. Incorporated in Malaysia on 5 August 1982 and listed on the Main Board of Bursa Malaysia on 8 March 1994, PDB has since established itself as Malaysia’s leading retailer and marketer of downstream oil and gas products.
The Company markets a wide range of high-quality petroleum products including motor gasoline, aviation fuel, diesel, kerosene, fuel oil, bunker fuel, lubricants, liquefied natural gas (LNG), liquefied petroleum gas (LPG) and bitumen.
In line with its strategy to grow beyond fuel, the Company has established Mesra Retail & Cafe Sdn Bhd in 2021 to drive its food and beverage (F&B) business and expanded its retail footprint with the PETRONAS Shop, which offers exclusive PETRONAS-branded merchandise and souvenirs.
PDB’s proprietary digital platform, Setel, underpins this ecosystem by driving convenience, efficiency and delivering a seamless, end-to-end customer experience. This digital capability positions the Company to strengthen customer connectivity and enhance value beyond fuel sales.
Since 2015, PDB has been certified as a constituent company member of FTSE4Good Index Series – a testament to the Company’s commitment to strong environmental, social and governance practices measured against globally recognised standards.
Issued by
Corporate Communications
PETRONAS Dagangan Berhad SOURCE: PETRONAS Dagangan Berhad
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Dayang Ainul Mardiah Zainal
Tel: 03 – 2331 0236
Email: dayangainul_zainal@petronas.com
Name: Anisa Adnin Mohamad
Tel: 013 – 904 2724
Email: anisaadnin.mohamad@petronas.com
--BERNAMA