{"article":{"id":308,"slug":"petra-energy-hits-record-annual-profits-for-fy2024-amidst-quarterly-cooling","title":"Petra Energy Hits Record Annual Profits for FY2024 Amidst Quarterly Cooling","category":"news","summary":"    English -   Record Financial Performance:   Petra Energy reported a record-high annual net profit of RM71.12 million for FY2024, marking a 35% increase year","content":"### English\n- **Record Financial Performance:** Petra Energy reported a record-high annual net profit of RM71.12 million for FY2024, marking a 35% increase year-on-year.\n- **Profitability vs. Revenue:** While annual profit reached a new high, full-year revenue fell to RM500.57 million from RM553.53 million in the previous year.\n- **Quarterly Results:** 4QFY2024 net profit declined by 49% to RM13.17 million, with revenue dropping 38% to RM85.53 million due to lower service demand and vessel utilisation.\n- **Shareholder Returns:** The company declared an interim dividend of 4 sen per share for FY2024, payable on March 27.\n- **Market Outlook:** Management maintains a positive view of the oil and gas industry but remains cautious, focusing on leveraging current financial strength for future opportunities.\n\n### 中文\n- **创纪录的财务业绩：** Petra Energy 2024财年净利润达到创纪录的 7112 万令吉，同比增长 35%。\n- **利润与营收表现：** 尽管全年利润创新高，但全年营收从上一年度的 5.5353 亿令吉下降至 5.0057 亿令吉。\n- **季度业绩：** 2024财年第四季度净利润同比下降 49% 至 1317 万令吉，受服务需求和服务船利用率下降影响，季度营收下滑 38% 至 8553 万令吉。\n- **股东回报：** 公司宣布 2024 财年每股派发 4 仙的中期股息，将于 3 月 27 日支付。\n- **市场展望：** 管理层对石油和天然气行业持积极态度，但保持谨慎，并将继续利用当前的财务实力寻求新机遇。","html_content":"<h3>English</h3>\n<ul>\n<li><strong>Record Financial Performance:</strong> Petra Energy reported a record-high annual net profit of RM71.12 million for FY2024, marking a 35% increase year-on-year.</li>\n<li><strong>Profitability vs. Revenue:</strong> While annual profit reached a new high, full-year revenue fell to RM500.57 million from RM553.53 million in the previous year.</li>\n<li><strong>Quarterly Results:</strong> 4QFY2024 net profit declined by 49% to RM13.17 million, with revenue dropping 38% to RM85.53 million due to lower service demand and vessel utilisation.</li>\n<li><strong>Shareholder Returns:</strong> The company declared an interim dividend of 4 sen per share for FY2024, payable on March 27.</li>\n<li><strong>Market Outlook:</strong> Management maintains a positive view of the oil and gas industry but remains cautious, focusing on leveraging current financial strength for future opportunities.</li>\n</ul>\n<h3>中文</h3>\n<ul>\n<li><strong>创纪录的财务业绩：</strong> Petra Energy 2024财年净利润达到创纪录的 7112 万令吉，同比增长 35%。</li>\n<li><strong>利润与营收表现：</strong> 尽管全年利润创新高，但全年营收从上一年度的 5.5353 亿令吉下降至 5.0057 亿令吉。</li>\n<li><strong>季度业绩：</strong> 2024财年第四季度净利润同比下降 49% 至 1317 万令吉，受服务需求和服务船利用率下降影响，季度营收下滑 38% 至 8553 万令吉。</li>\n<li><strong>股东回报：</strong> 公司宣布 2024 财年每股派发 4 仙的中期股息，将于 3 月 27 日支付。</li>\n<li><strong>市场展望：</strong> 管理层对石油和天然气行业持积极态度，但保持谨慎，并将继续利用当前的财务实力寻求新机遇。</li>\n</ul>\n","author":"Solar PV Expert","tags":"","meta_description":"    English -   Record Financial Performance:   Petra Energy reported a record-high annual net profit of RM71.12 million for FY2024, marking a 35% inc","published":true,"created_at":"2026-06-10T10:48:17.721Z","updated_at":"2026-06-12T06:52:24.777Z","source_url":"https://theedgemalaysia.com/node/745057","source_name":null,"published_at":null,"noindex":false,"marketing_line":"Malaysia clean energy market is booming. Eternalgy powers your transition with premium solar PV: https://eternalgy.me/petra-energy-hits-record-annual-profits-for-fy2024-amidst-quarterly-cooling","marketing_line_cn":"马来西亚清洁能源市场蓬勃发展。Eternalgy以优质太阳能光伏助力您的转型：https://eternalgy.me/petra-energy-hits-record-annual-profits-for-fy2024-amidst-quarterly-cooling"},"schemaData":{"@context":"https://schema.org","@graph":[{"@type":"NewsArticle","@id":"https://eternalgy.me/petra-energy-hits-record-annual-profits-for-fy2024-amidst-quarterly-cooling#newsarticle","headline":"Petra Energy Hits Record Annual Profits for FY2024 Amidst Quarterly Cooling","description":"    English -   Record Financial Performance:   Petra Energy reported a record-high annual net profit of RM71.12 million for FY2024, marking a 35% increase year","image":["https://eternalgy.me/logo.png"],"datePublished":"2026-06-10T10:48:17.721Z","dateModified":"2026-06-12T06:52:24.777Z","author":{"@type":"Person","name":"Solar PV Expert"},"publisher":{"@type":"Organization","name":"Eternalgy Sdn Bhd","url":"https://eternalgy.me","logo":{"@type":"ImageObject","url":"https://eternalgy.me/logo.png"},"foundingDate":"2023-09-15","sameAs":["https://eternalgy.com","https://solarpanels.my","https://solarpanels.onesync.my","https://solar100.com.my"]},"mainEntityOfPage":"https://eternalgy.me/petra-energy-hits-record-annual-profits-for-fy2024-amidst-quarterly-cooling","isBasedOn":"https://theedgemalaysia.com/node/745057"},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://eternalgy.me"},{"@type":"ListItem","position":2,"name":"Energy News","item":"https://eternalgy.me/news"},{"@type":"ListItem","position":3,"name":"Petra Energy Hits Record Annual Profits for FY2024 Amidst Quarterly Cooling","item":"https://eternalgy.me/petra-energy-hits-record-annual-profits-for-fy2024-amidst-quarterly-cooling"}]}]}}