Stock Analysis
- Singapore
- /
- Oil and Gas
- /
- SGX:T13
RH PetroGas Second Quarter 2024 Earnings: EPS: US$0.005 (vs US$0.001 loss in 2Q 2023)
RH PetroGas (SGX:T13) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$24.3m (up 19% from 2Q 2023).
- Net income: US$3.82m (up from US$641.0k loss in 2Q 2023).
- Profit margin: 16% (up from net loss in 2Q 2023).
- EPS: US$0.005 (up from US$0.001 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
RH PetroGas Earnings Insights
Looking ahead, revenue is forecast to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Asia are expected to remain flat.
Performance of the market in Singapore.
The company's shares are up 21% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 4 warning signs for RH PetroGas (of which 1 is concerning!) you should know about.
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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.