KUALA LUMPUR (Feb 11): PETRONAS Dagangan Bhd (KL:PETDAG) will likely see higher commercial margins when the fuel retailer reports its results for the final quarter of 2025, said BIMB Securities. “Margins are expected to be further supported by strong sales volumes of higher-margin products, particularly Jet A1 and diesel, underpinned by sustained aviation demand and infrastructure-driven commercial activity,” BIMB Securities said. All in all, PETRONAS Dagangan will probably report a net profit of RM286 million for the fourth quarter of 2025 (4QFY2025), bringing the total net profit for the year to around RM1.1 billion, according to its forecasts. Investors were also jittery over Malaysia’s fuel subsidy rationalisation that was implemented near the end of Sept 2025. “We caution that the margin outperformance may not be sustainable amid ongoing jet fuel price volatility and an uncertain oil price environment” which could constrain the company’s ability to maintain elevated commercial margins, BIMB Securities flagged.

Source: The Edge Markets February 11, 2026 04:39 UTC