Petronas recorded a profit in the three months period of 4.5 billion ringgit ($1.1 billion), a significant drop compared to 11.4 billion ringgit reported in the same period of last year.

The fall was due to lower revenues in the quarter of 49 billion ringgit compared to 66 billion ringgit year-on-year.  

Earnings before interest, tax, depreciation and amortisation (Ebitda) also fell to 15.6