KUALA LUMPUR: Gas Malaysia Bhd’s pre-tax profit for the third quarter (Q3) ended Sept 30, 2016 rose to RM55.59 million from RM44.54 million in the same period last year.
Revenue increased to RM1.06 billion from RM895.49 million previously, it said in a filing to Bursa Malaysia today.
“The better revenue is due to the upward revision of natural gas tariffs which took effect in July 15, 2016 and higher volume of gas sold in the current quarter.
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