Hibiscus Petroleum's 3Q net profit jumps to RM307.54mil, declares 1c div per share


KUALA LUMPUR: Hibiscus Petroleum Bhd's net profit in its third financial quarter ended March 31, 2022, leapt nine times to RM307.54mil from RM32.03mil in the previous corresponding quarter.

The oil and gas exploration and production group reported revenue of RM297.06mil, a 37.54% increase over RM215.98mil in 3QFY21.

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