Kuala Lumpur, 20 April 2016 – PETRONAS Dagangan Berhad (PDB) registered a profit before tax (PBT) of RM1.1 billion for the year ended 31 December 2015, an increase of 53% as compared to the corresponding year under review.

“Despite 2015 having been a year full of uncertainties, PDB has proven its ability to adapt and continue to deliver value to our shareholders. We have been prudent and have taken extensive measures of productivity in specific areas including inventory management, supply and distribution efficiency as well as cost-cutting,” said Md Arif Mahmood, Chairman of PDB.

Shareholders benefitted from consistent returns from the Company quarter on quarter, with a total dividend declared amounting to 60 sen per ordinary share for the year under review.

In delivering a cleaner fuel with superior acceleration and driveability for customers, the Company emerged ahead of its competitors with the launch of the nation’s first Euro 4M compliant RON 97 fuel, prior to the Government’s gazetted implementation date.

PETRONAS Primax 97 with Advanced Energy Formula, fuels the Company’s commitment to put innovation at its forefront. Moving forward, customers can continue to expect new and enhanced game-changing products and services from PETRONAS.

“We already have the largest retail network with over 1,000 PETRONAS stations nationwide. We have also expanded the number of our retail partners to more than 70 at present to provide further convenience and value to customers. Our retail success is attributed to our strength in offering differentiated services and products under our one-stop convenience concept,” added Md Arif.

The introduction of two new products to PDB’s Commercial Business, namely Petroleum Coke and Sulphur, adds to the Company’s diverse product portfolio while opportunities in the construction industries have created a strong demand for Bitumen.

PDB’s LPG Business sustained its position as Malaysia’s No. 1 Cooking Gas. This was achieved by leveraging on Gas PETRONAS’ vast network of authorised dealers and enhancements through value-driven initiatives to further sweat assets and improve cylinder turnaround.

Meanwhile, the Lubricants Business achieved a milestone with the introduction of PETRONAS Syntium with °CoolTech™, an upgraded formulation derived from the race track to provide everyday motorists with optimum engine performance. The Company will continue to focus on Route-to-Market (RTM) initiatives to improve the market penetration of its extensive range of lubricant products.

“The effective execution of our key strategies, on the back of our vision of becoming the Brand of 1st Choice, is the key driver to our profitability last year. For the long term sustainability of the business, we will continue to emphasise on providing innovative solutions to customers, while at the same time ensuring optimum practices of our operations,” concluded Md Arif.