Higher oil prices lift Hibiscus Petroleum Q3 profit


KUALA LUMPUR (Bernama) -- Hibiscus Petroleum Bhd registered a higher net profit of RM32.03 million in the third quarter (Q3) ended March 31, 2021, compared with RM28.47 million a year earlier on better oil prices.

Revenue rose to RM215.98 million from RM175.86 million previously, it said in a filing with Bursa Malaysia today.

   

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