Hibiscus Petroleum's Ebitda exceeds RM1bil for three consecutive years


Hibiscus Petroleum Bhd chairman Zainul Rahim Mohd Zain

KOTA BHARU: Hibiscus Petroleum Bhd recorded revenue of RM2.7 billion last year, with earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding RM1 billion for the third consecutive year.

Chairman Zainul Rahim Mohd Zain said the company also recorded an average net daily production of more than 20,912 barrels of oil equivalent per day (boe/day) in the year.

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