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- SGX:T13
RH PetroGas Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
RH PetroGas (SGX:T13) Full Year 2024 Results
Key Financial Results
- Revenue: US$92.5m (down 1.7% from FY 2023).
- Net income: US$14.6m (up 461% from FY 2023).
- Profit margin: 16% (up from 2.8% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: US$0.017 (up from US$0.003 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
RH PetroGas EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) exceeded analyst estimates by 24%.
Looking ahead, revenue is expected to fall by 7.5% p.a. on average during the next 3 years compared to a 1.1% decline forecast for the Oil and Gas industry in Asia.
Performance of the market in Singapore.
The company's shares are down 10% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for RH PetroGas (1 shouldn't be ignored!) that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SGX:T13
RH PetroGas
An investment holding company, engages in the exploration, development, and production of oil and gas resources in Indonesia.
Outstanding track record with flawless balance sheet.
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