KUALA LUMPUR, 26 NOVEMBER 2025 – PETRONAS Dagangan Berhad (PDB) today announced a pre-tax profit of RM386.6 million for the quarter ended 30 September 2025 (Q3 FY2025), reflecting compressed margins from less favourable pricing conditions despite sales volume growth of four per cent to 4.4 billion litres against same period last year (Q3 FY2024).

The improved volume performance was led by aviation fuel, supported by sustained demand from the airline industry. However, revenue for the quarter stood at RM9.5 billion, down by two per cent from the same quarter last year (Q3 FY2024), as lower average selling prices outweighed the volume gains.

Compared to the preceding quarter (Q2 FY2025), PDB’s performance improved as revenue increased five per cent mainly on the back of sales volume growth, while pre-tax profit rose three per cent.

For the nine months ended 30 September 2025, PDB registered a pre-tax profit of RM1.2 billion, maintaining year-to-date results despite challenging market conditions and softer pricing. This was underpinned by lower operating expenses and robust Commercial demand, which offset lower Retail performance.

PDB Managing Director and Chief Executive Officer Azrul Osman Rani said, “This quarter shows what focused execution looks like when markets push back. We grew volume by four per cent, with aviation leading the way, but margins compressed from pricing headwinds. The response is straightforward – tighten costs, remain close to customers and keep delivering value. We are building momentum in areas where we have traction and moving with intent when conditions need to shift.”

Looking ahead, PDB expects the domestic economy to remain resilient in 2025 with moderate inflation projected, supported by strong private consumption, the implementation of BUDI MADANI RON95 (BUDI95) initiative and growing inbound tourism ahead of Visit Malaysia Year 2026. While the domestic outlook is favourable, the external environment presents ongoing challenges amid global market uncertainty and expectations of softer oil prices. To navigate this landscape, PDB is cautiously optimistic and will continue to effectively adapt to market volatility.

Azrul added, “The market will do what it does. Our role is to move quickly, adjust as needed and ensure every decision brings us closer to making life simpler and better for our customers. That commitment does not waver, regardless of price movements or external volatility, and it remains central to how we deliver value.”

PDB has declared an interim dividend of 24 sen per ordinary share for the quarter ended 30 September 2025.