weh bullmarket1628, you up so early 5:56am aiyo. bangun pagi str8 thinking about money isit! ahahaha.. anyways yes, hibiscus is one of the better positioned one from the coming upcycle... good capital mgmt and cost structure compared to other lousy OnG counters. huat chai! coming soooon :)
This is one stock I am increasingly disappointed in. They have very qualified and intelligent people in charge. I expected its price to stay above Rm1 by now. Too much expansion cost over the years without regard to the need for investors to reap profits.
Financial Year End: 30 Jun 2021 Quarter: 3 Qtr Quarterly report for the financial period ended: 31 Mar 2021
1) Revenue 215,984,000 2) Profit/(loss). 64,963,000 before tax. 3) Profit/(loss) 32,029,000 for the period 4) Profit/(loss) 32,029,000 attributable to ordinary equity holders of the parent
KUALA LUMPUR (Bernama) -- Hibiscus Petroleum Bhd registered a higher net profit of RM32.03 million in the third quarter (Q3) ended March 31, 2021, compared with RM28.47 million a year earlier on better oil prices. Revenue rose to RM215.98 million from RM175.86 million previously, it said in a filing with Bursa Malaysia today. In a statement, the oil and gas exploration and production company said average realised oil prices stood at US$60.46 per barrel in the quarter for crude sales from its Malaysian North Sabah asset. "A corresponding increase (was) also seen for sales conducted from its United Kingdom, North Sea asset with an improvement from US$40.85 per barrel in the second quarter to US$54.04 per barrel in Q3,” the company said. About 874,944 barrels of crude oil were delivered in the quarter under review from three offtakes -- two from the North Sabah asset and one from Anasuria...
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Posted by mokluhanj21 > 2021-05-18 08:39 | Report Abuse
weh bullmarket1628, you up so early 5:56am aiyo. bangun pagi str8 thinking about money isit! ahahaha..
anyways yes, hibiscus is one of the better positioned one from the coming upcycle...
good capital mgmt and cost structure compared to other lousy OnG counters. huat chai! coming soooon :)