Rex International Holding Limited (5WH) said on Feb, 19 2026 that it expects to report a net loss for the full year ended Dec, 31 2025.
The company attributed the anticipated loss mainly to significant technical complications during drilling operations in Benin, which led to higher drilling costs and production delays in the second half of 2025.
Rex added that it is finalising its unaudited consolidated results and plans to release them on or before Feb, 27 2026. Until then, the company advised shareholders to exercise caution when dealing in its shares.
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