Friday, 25 November 2011

Petronas Gas falls most in 2 months

Petronas Gas Bhd, a Malaysian gas distributor, fell the most in two months in Kuala Lumpur trading after saying higher costs impacted its second-quarter profit.

The stock fell 2.1 percent to RM12.98 at 9:05 a.m. local time, set for its largest fall since Sept. 20.

The company reported net income of RM350.2 million for the quarter, without providing a year ago comparison after changing its financial year. -- Bloomberg



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