Hibiscus Petroleum posts 2Q net profit of RM83.26mil, declares 3c div/share

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KUALA LUMPUR: Hibiscus Petroleum Bhd recorded a net profit of RM83.26mil in the second quarter ended Dec 31, 2024 (2QFY25), down from RM102.34mil in the previous corresponding quarter.

"Our full-year oil, condensate and gas sales volumes are expected to reach approximately 9.1 MMboe, 17% higher than FY24.

Earnings per share in 2QFY25 slipped to 10.8 sen from 12.72 sen in the comparative quarter.

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Category: EconomyBusiness

Markets: MalaysiaBrunei

Topics: /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 13:51:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 281 words

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Sentences: 14 lines

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Copyright Owner: © The Star

News ID: 26423617

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