Tag: double
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Malaysian Petronas profits will double by 100% in 2022
Malaysian Petronas profits witnessed a strong jump in 2022, benefiting from the rise in energy prices in the wake of the Russian invasion of Ukraine. Profits doubled 100% to RM101.6 billion ($22.59 billion), up from RM50.9 billion ($11.32 billion) in 2021. Revenues also increased by 51% to reach 375.3 billion ringgit ($83.46 billion), according to…