RH PetroGas Q3 Profit Triples; Shares Up 3%

MT Newswires

2024/11/14

RH PetroGas (SGX:T13) reported a comprehensive income attributable to the owners of $3.1 million for the quarter ended Sept.30, a 207.0% increase from the income of $1.0 million a year ago, according to a Wednesday filing with the Singapore Stock Exchange.

Earnings per share soared to $0.0037 from $0.0012 in the prior-year period.

The company's revenue decreased 4.9% year on year to $22.6 million from $23.8 million, the filing said.

The upstream oil and gas company's shares were up nearly 3% in the recent trading.

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