HIBISCUS PETROLEUM BHD

Hibiscus Petroleum posts RM361m profit for FY2026, tripling earnings and launching its highest dividend yet, while driving production growth toward 35 kboe/day.

Hibiscus Petroleum turns a loss into a RM80 m profit as higher oil prices boost cash flow and dividend outlook, showing resilience and growth momentum in FY 26.

Hibiscus Petroleum Bhd maintains its full-year sales volume target of 9.1 million barrels of oil equivalent despite facing headwinds from the UK’s Energy Profits Levy.