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Hibiscus posts RM50mil profit in Q2


KUALA LUMPUR: Hibiscus Petroleum Bhd posted a net profit of RM50.1mil in the three months ended Dec 31, boosted by contributions from recently acquired assets in Sabah and increased output from the Anasuria cluster in the United Kingdom.

Revenue jumped to RM165.16mil compared with RM76mil made a year earlier.

Corporate News , Oil & Gas , Hibiscus , oil

   

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