Profit before tax rose to RM89.9 million compared to RM1.2 million previously, on the back of improved oil prices and volume resulting in higher gross profit.

Revenue for the quarter grew to RM5,144 million, from RM2,931.8 million in the corresponding quarter last year.

Commenting on the company’s performance, PDB managing director and CEO Azrul Osman Rani said: “We are pleased that business has gradually improved from last year.

“However, we remain cautious of the uncertainties in this current climate and will continue to be prudent and optimise our resources.

“We will also continue to look at diversification of our portfolio, while leveraging strategic partnerships and digital platforms that can support our future-proof strategies to bring value-add to our customers.”

In line with accelerating its non-fuel segment, he said, the retail business will be expanding its food-on-the-go (ready-to-eat) solutions corner at its Kedai Mesra to 80 locations nationwide by the end of the year.

It will also leverage its digital platform to offer customers a more seamless experience via the integration of its Mesra loyalty programme with the Setel app.

Meanwhile, the commercial business sector will continue to advocate the adoption of Liquefied Natural Gas (LNG) as a cleaner fuel option.