PETDAG: Interim Results Meet Expectations, Target Price Adjusted Upwards Amidst Persistent ‘Sell’ Call

Financial News Report PETDAG: Interim Results Meet Expectations, Target Price Adjusted Upwards Amidst Persistent ‘Sell’ Call Investment Bank TA SECURITIES TP (Target Price) RM19.60 (-14.0%) Last Traded RM22.80 Recommendation SELL Petronas Dagangan Berhad (PETDAG) reported its Interim Half-Year 2025 (IHFY25) core net profit of RM564 million, a performance that aligned with both TA Securities’ and…

PETRONAS DAGANGAN BERHAD Q1 2025 Latest Quarterly Report Analysis

Greetings, fellow investors and market watchers! We’re diving deep into the latest financial report from PETRONAS Dagangan Berhad (PDB) for the first quarter ended 31 March 2025. This report offers a compelling glimpse into the company’s operational resilience and strategic maneuvers amidst evolving market conditions. While revenue saw a slight dip, PDB managed to significantly…