Petronas Dagangan shares fall despite better Q1 earnings

KUALA LUMPUR: Petronas Dagangan Bhd’s shares topped the losers list in the morning session today despite posting a higher first quarter financial result. At 11.39 am, Petronas Dagangan shares fell 64 sen to RM21, with 93,700 changing hands. MIDF Amanah Investment Bank Bhd in a research note today said Petronas Dagangan’s first quarter earnings grew 32.6 per cent year-on-year to RM205.8 million and normalised earnings, excluding non-core exceptional items such as interest income from deposits