PETALING JAYA: Hibiscus Petroleum Bhd
noted higher sales and production volumes, as well as operational efficiency helped offset lower average realised oil, condensate and gas prices in its second quarter ended Dec 31, 2025 (2QFY26).
The oil company reported a net profit of RM70.3mil on the back of RM544.5mil in revenue and an average realised oil and condensate price of US$68.7 per barrel in the quarter.
