Tuesday, March 13, 2012

Today's Pick (12/03/12/042/736) Petronas Dagangan to set up 30 auto spas

Petronas Dagangan to set up 30 auto spas

KUALA LUMPUR: Petronas Dagangan Bhd, the domestic marketing arm of Petroliam Nasional Bhd, wants to open up to 30 auto spa facilities at selected service stations this year.

Managing director and chief executive officer Amir Hamzah Azizan said the new spas will be set up in selected areas, namely in the Klang Valley, Johor, Penang and Terengganu.

The auto spa service was first launched late last year and it has six spas in the Klang Valley.

"Given the favourable response, we will definitely be extending this service to the rest of our Petronas stations in stages over the next few years," he said after the launch of Petronas Durance car care products and air fresheners here yesterday.

He noted that Petronas Dagangan would require heavy investments for the auto spa service.

Meanwhile, Amir said, the company would focus on promoting the newly launched Petronas Durance products through its 972 service stations nationwide as well as at retail stores and hypermarkets in major cities this year.

Petronas Durance, a strategic partnership between the company and its Italy-based sister company Petronas Lubricants International, comprises a range of high quality car care products to protect both the interior and exterior of vehicles.

The new product is also complemented by a collection of air fresheners for cars.

Petronas Dagangan has four core businesses of retail, commercial, liquefied petroleum gas and lubricants.

Its retail business continues to grow through the opening of new retail service stations, complimented by the broad expansion in products and services offered through the Mesra convenience stores.

Amir added that Petronas Dagangan plans to open about 67 new service stations nationwide this year.

For the nine months period ended December 31 2011, Petronas Dagangan pre-tax profit increased by RM5.5 million to RM898.9 million from the same period in 2010 , while revenue increased by RM5.4 billion to RM22.3 billion from the year before.

Source : New Straits Times
Date : 12 March 2012
Today's Pick (12/03/12/042/736)

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