Kota Kinabalu: Sabah Energy Corporation Sdn Bhd (SEC) paid RM10 million in dividend to the State Government for the financial year ending Dec 31, 2022.
SEC Chairman Datuk Annuar Ayub presented a cheque to Chief Minister Datuk Seri Hajiji Noor in a brief ceremony at Menara Kinabalu, near here, today.
At the ceremony, Hajiji learned that SEC and its group of companies have chalked a RM47.9 million pre-tax profit in 2022.
He said SEC’s wholly-owned subsidiary, Asian Supply Base Sdn Bhd, contributed significantly to Sec with a profit before tax amounting to RM28.8 million.
SPONSORED CONTENT Shell’s Access to Energy helps power lives of isolated communities in Sabah Kota Kinabalu: In 2017, Sabah Shell Petroleum Co Ltd (SSPC) launched Access to Energy (A2E), a Shell Social Investment programme aimed at providing affordable and continuous supply of electricity from renewable sources for communities who live without connection to the electricity grid. Read more SEC's standalone pre-tax profit stood at RM22 million.
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