RH PetroGas Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

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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).

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SGX:T13 Earnings and Revenue Growth April 13th 2025

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

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with RH PetroGas (at least 1 which is a bit concerning) , and understanding these should be part of your investment process.

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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.