Hibiscus Petroleum Berhad

Kuala Lumpur Stock Exchange 5199.KL

Hibiscus Petroleum Berhad Operating Income for the year ending June 30, 2024: USD 281.95 M

Hibiscus Petroleum Berhad Operating Income is USD 281.95 M for the year ending June 30, 2024, a 66.99% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.
  • Hibiscus Petroleum Berhad Operating Income for the year ending June 30, 2023 was USD 168.84 M, a -5.56% change year over year.
  • Hibiscus Petroleum Berhad Operating Income for the year ending June 30, 2022 was USD 178.79 M, a -14.19% change year over year.
  • Hibiscus Petroleum Berhad Operating Income for the year ending June 30, 2021 was USD 208.35 M, a 174.78% change year over year.
  • Hibiscus Petroleum Berhad Operating Income for the year ending June 30, 2020 was USD 75.82 M, a -42.90% change year over year.
Key data
Date Operating Income EBIT EBITDA Net Income
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Kuala Lumpur Stock Exchange: 5199.KL

Hibiscus Petroleum Berhad

CEO Mr. Chee Seong Chong
IPO Date July 25, 2011
Location Malaysia
Headquarters Syed Kechik Foundation Building
Employees 824
Sector Energy
Industries
Description

Hibiscus Petroleum Berhad, an investment holding company, explores for, develops, and produces oil and gas. The company operates through Malaysia – North Sabah; Malaysia – Kinabalu and Others; Commercial Arrangement Area; United Kingdom; Australia; Vietnam; and Investment Holding and Group Activities segments. It holds 50% interests in the North Sabah production sharing contract producing fields located in Offshore Sabah, Malaysia. The company also holds 60% interests in the Kinabalu field located in coast of Sabah, Malaysia; the PM305 and PM314 fields located to the eastern coast of Peninsular Malaysia in the Malay Basin. In addition, it holds 35% interest in the PM3 CAA field and manages the operations relating to the production of petroleum from various oil fields, such as Bunga Orkid, Bunga Pakma, Bunga Raya, Bunga Seroja, Bunga Kekwa, and Bunga Tulip. Further, the company holds interests in the Anasuria Cluster producing oil and gas fields, Marigold and Sunflower fields, license no. P2532 and P2535, and license no. P2518 located offshore in the United Kingdom Continental Shelf; and operates VIC/RL17 production license. Additionally, it holds 70% interest in the Block 46, a tie back asset that contains the producing Cai Nuoc field and the undeveloped Hoa Mai field located in Vietnamese waters. The company also invests in, owns, and operates oil and gas concessions; and provides project management, technical, and other services relating to the oil and gas exploration and production industry. Hibiscus Petroleum Berhad was incorporated in 2007 and is headquartered in Kuala Lumpur, Malaysia.

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StockViz Staff

January 15, 2025

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