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Petroliam Nasional Berhad (Petronas) was incorporated on 17 August 1974 as the national oil company of Malaysia to own and control of the petroleum resources in the country. It has grown into a fully integrated oil and gas corporation. In 2010, Petronas ranked 107 in the FORTUNE Global 500 largest corporations in the world.
Petronas revenue, profit and assets grows tremendously for the past 10 years. Petronas also pays a substantial amount of dividend to the government. Starting from 2013 onwards, they will pay 30 percent of net profit to government as dividend .
The table below is the financial summary of Petronas (Revenue, Profit & Assets Size) and the amount dividend they pay to government since year 2000.
| Year | Revenue (USD bil) | Profit (USD bil) | Assets (USD bil) | Dividend to Govt (RM bil) |
|---|---|---|---|---|
| 2000 | 15.96 | 3.32 | 32.00 | |
| 2001 | 19.31 | 4.34 | 36.59 | |
| 2002 | 17.68 | 3.84 | 37.99 | |
| 2003 | 21.44 | 3.98 | 46.85 | |
| 2004 | 25.66 | 6.23 | 53.48 | |
| 2005 | 36.07 | 9.36 | 62.92 | 9.10 |
| 2006 | 44.28 | 11.57 | 73.09 | 13.00 |
| 2007 | 50.98 | 14.45 | 85.20 | 20.00 |
| 2008 | 66.22 | 20.00 | 106.04 | 30.00 |
| 2009 | 76.98 | 17.21 | 106.13 | 30.00 |
| 2010 | 62.54 | 13.15 | 125.69 | 30.00 |
| 2011 | 76.82 | 20.07 | 145.10 | 30.00 |
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{ 1 comment… read it below or add one }
If those profit were to be used properly, Malaysia would be a great nation…