Published on 12:00 AM, June 10, 2011

Malaysia Petronas posts 36pc profit

Malaysian state energy firm Petronas said Wednesday its net profit rose 36.14 percent for the full year ended March 31 amid higher oil prices and a strong performance in exploration and production.
Net profit hit 54.85 billion ringgit ($18.17 billion), up from 40.29 billion a year earlier with full year revenue rising to 241.23 billion.