BILLION IND (02299) has released an announcement indicating a significant projected increase in its profit for the first half of the year.

The company anticipates that for the six-month period ending June 30, 2026, its profit attributable to owners of the company will see a substantial rise of no less than 160% compared to the corresponding period ending June 30, 2025.

This significant growth is primarily attributed to an expansion in product gross profit margins driven by rising oil prices, which has led to a considerable increase in total sales volume and, consequently, a major boost to overall revenue.