Latest news with #AzrulOsmanRani
New Straits Times
13-05-2025
- Automotive
- New Straits Times
Petronas Dagangan, Blueshark to drive adoption of two-wheel EVs
KUALA LUMPUR: Petronas Dagangan Bhd and Blueshark Ecosystem Sdn Bhd have formed a joint venture (JV) to advance the distribution and adoption of electric two-wheelers (2W-EV) and related energy solutions in Malaysia. Through Blueshark, the JV will serve as the exclusive distributor of Blueshark-branded 2W-EVs in Malaysia, including the Soloera model. It will also operate battery-swapping services at selected Petronas stations. The infrastructure is already operational in the Klang Valley, Penang and Johor, with phased expansion plans underway. Petronas Dagangan managing director and chief executive officer Azrul Osman Rani said the JV reflects how the company is evolving as a progressive energy and solutions partner – committed to shaping new possibilities for everyday mobility. "With Blueshark as our partner, and the strength of our brand, network and operational excellence behind us, we are well-positioned to build a future-ready ecosystem that delivers real value on the ground," he said in a statement. Sharkgulf Technologies Group Ltd – the original product developer and technology provider for the Blueshark platform – supplies the JV with smart battery systems, connected powertrains and software integration capabilities. In parallel, the JV has formalised an agreement with EP Manufacturing Bhd (EPMB) wholly-owned EP Blueshark Sdn Bhd as the local assembler of the 2W-EV. Blueshark group CEO Jeff Chong said the JV will strengthen the whole electric two-wheeler ecosystem for Malaysia and accelerate EV adoption while reducing carbon emissions for a greener future. "Together with Petronas Dagangan and our partners, we hope to someday become a household brand for electromobility in Malaysia and beyond. "With our aggressive expansion strategy, enhanced infrastructure and strong industry partnerships, the significant step we take today will enable us to mobilise Malaysia towards a brighter future, led by Petronas and Blueshark," said Chong.
New Straits Times
24-04-2025
- Automotive
- New Straits Times
Petronas Dagangan to branch out offerings, explore low-carbon solutions
KUALA LUMPUR: Petronas Dagangan Bhd (PetDagang) plans to diversify its offerings and explore low-carbon solutions, aligning with the broader goals of the National Energy Transition Roadmap (NETR). The company will also sharpen its focus on long-term shifts in consumer behaviour, including increased mobility, evolving and more transient commuter patterns, as well as the growing demand for convenient lifestyle. For the financial year ended Dec 31, 2024, PetDagang reached its highest-ever sales volume of 16.8 billion litres, reinforcing its market leadership in both retail and commercial segments. Revenue for the year totalled RM37.95 billion, driven by higher sales volumes, particularly from Mogas and Jet A-1, despite a lower average selling price. Operating profit increased by 15 per cent to RM1.55 billion, supported by higher gross profit across all segments. This was partly offset by increased expenditure linked to business growth. Its pre-tax profit improved 15 per cent to RM1.53 billion, while net profit rose to a post-pandemic record of RM1.12 billion, marking the first time the company surpassed the RM1 billion mark since the pandemic. PetDagang managing director and chief executive officer Azrul Osman Rani said the past year served as a reminder that staying grounded in its purpose, customers and execution is what drives the company forward. "As needs evolve and the landscape shifts, we are moving with focus and intent, while staying true to what makes us different - the ability to create simpler, better experiences in everyday life," he said in a statement in conjunction with the company's 43rd annual general meeting (AGM) here today. PetDagang delivered a solid performance across its business segments, achieving key milestones in both financial and operational outcomes. In its retail business, the company achieved its highest-ever sales volume while continuing to enhance customer experience and safety across the network. The commercial business recorded strong growth by maximising returns from high-value segments, with volume increasing by nine percent in aviation and 19 percent in diesel. The LPG business reaffirmed its position as Malaysia's leading LPG retailer, achieving its highest volume since 2016 and securing over 50 new commercial customers during the year. In the lubricants business, PetDagang reinforced its market leadership through strong partnerships and posted a nine per cent volume growth, surpassing industry benchmarks. Mesra Retail and Café Sdn Bhd (Mesra) maintained its momentum as a retail and lifestyle hub, with chargeable sales reaching a record high for the third consecutive year. Setel achieved an all-time high in gross merchandise value, continuing to deliver a seamless and rewarding customer experience.
Barnama
24-04-2025
- Business
- Barnama
PETRONAS Dagangan Reports Record FY2024 at 43rd AGM, Thrives Forward with Customer Focus and Operational Strength
KUALA LUMPUR, April 24 (Bernama) -- PETRONAS Dagangan Berhad (PETRONAS Dagangan) today held its 43rd Annual General Meeting (AGM) here – the Company's first fully physical AGM since 2019 – where it shared performance highlights and reaffirmed its strategic direction following a resilient and milestone year. The AGM was chaired by PETRONAS Dagangan Chairman Datuk Anuar Ahmad, accompanied by Managing Director and Chief Executive Officer Azrul Osman Rani, Chief Operating Officer Azureen Azita Abdullah and Chief Financial Officer Farzlina Ahmad Murad, alongside members of the Board.
