KUALA LUMPUR, Feb 20 — Petronas Dagangan Bhd (PDB) posted a lower net profit of RM276 million in its financial year ended December 31, 2020 (FY20) compared to RM829.54 million a year earlier as it was affected by external challenges including the sharp decline in petroleum product prices at the start of the year and the ensuing Covid-19-related movement restrictions.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.