RH Petrogas 1H FY26 net profit rises 30.8% to US$ 9.76 million; revenue climbs 9.8% to US$ 43.13 million
Reuters2026/08/12 15:37Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- RH Petrogas posted 1H 2026 net profit of USD 9.76 million, up 30.8%, with EPS at 0.94 cents, up 32.4%.
- Revenue rose 9.8% to USD 43.13 million, driven by higher average realized oil prices despite lower crude lifting volumes.
- Profit before tax climbed 30.1% to USD 17.33 million, while cost of sales fell 2.7% to USD 24.48 million.
- Brent averaged USD 92 per barrel in 1H 2026; prices swung on Middle East disruptions, peaking near USD 138.
- NWK-1 exploration well was spudded June 25; drilling completed with hydrocarbon shows, testing underway, 3D seismic planned.
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: IDG9ARHXUYMAG59X) on August 12, 2026, and is solely responsible for the information contained therein.
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