E&P GLOBAL (01142) released its annual performance with a net loss attributable to shareholders of HKD 16.569 million, a year-on-year reduction of 95%.
Energy and Energy Global (01142) announced its annual performance for the year ending March 31, 2026, with a revenue of HK$699.7 million, representing a year-on-year increase of 42.9%. The company's attributable loss to owners narrowed by 95% to HK$16.569 million.
E&P GLOBAL (01142) released its annual results for the year ending on March 31, 2026, with revenue of 699.7 million Hong Kong dollars, a year-on-year increase of 42.9%; the company's net loss attributable to owners narrowed by 95% to 16.569 million Hong Kong dollars.
The increase in revenue was mainly due to the recovery in diesel and gasoline sales volume from the group's major customers in South Korea. Despite the tense geopolitical situation (including the conflict between Ukraine and Russia and ongoing conflicts in the Middle East) and economic uncertainties related to US and OPEC policies, the group successfully seized market opportunities and achieved higher sales.
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