RHP posts FY 2025 net profit of USD 3.5 million (-80.7%)

Reuters
Yesterday
RHP posts FY 2025 net profit of USD 3.5 million (-80.7%)

RH Petrogas posted FY 2025 revenue of USD 77.6 million (-16.2%) and net profit of USD 3.5 million (-80.7%), with earnings attributable to shareholders of USD 2.5 million (-82.6%) and basic EPS of 0.30 cents (-82.8%). Profit before tax was USD 10.0 million (-68.4%). Cash and cash equivalents ended FY 2025 at USD 31.3 million, while cash and bank balances were USD 65.4 million as at 31 December 2025. Net asset value per share was 7.08 cents as at 31 December 2025. For Q4 2025, RH Petrogas reported revenue of USD 18.8 million (-13.4%) and a net loss of USD 0.2 million, with basic EPS of (0.02) cents. The company cited lower average realised oil price (USD 63 per barrel in Q4 2025) and lower crude oil lifting volumes, alongside gross production of 6,518 BOEPD (-5.8%) impacted by power-outage-related well shutdowns. It also highlighted a write-off of unsuccessful exploration and evaluation expenditure linked to the Karim-1 exploration well in the Kepala Burung PSC. Looking ahead, RH Petrogas said it is preparing to drill the Northwest Klagagi-1 exploration well in the Kepala Burung PSC with spudding expected in Q2 2026, and plans a 3D seismic acquisition in Kepala Burung plus an exploration well in the Salawati PSC in H2 2026. The directors recommended a final cash dividend of SGD 0.003 per share for FY 2025 (tax exempt, one-tier), subject to shareholder approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RH Petrogas Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: JTTSPACPD9AFH1TR) on February 26, 2026, and is solely responsible for the information contained therein.

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