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$HIBISCS (5199.MY)$ KUALA LUMPUR (Nov 19): Hibiscus Petroleum Bhd’s (KL:HIBISCS) net profit fell 51% year-on-year (y-o-y) in its first financial quarter ended Sept 30, 2024 (1QFY2025), dragged down by planned shutdowns at four of its assets, lower oil and gas prices and the strengthening ringgit versus the US dollar in the quarter under review.
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