Hibiscus net profit at RM29mil


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PETALING JAYA: Amid the downturn in the oil and gas sector, Hibiscus Petroleum Bhd’s net profit fell 48.4% to RM28.5mil for the third quarter ended March 31, from RM55.2mil in the corresponding period last year.

Consequently, its earnings per share slid to 1.79 sen from 3.47 sen previously.

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