August 12, 2025
Regency Petroleum Limited (RPL)
Unaudited financials for the six months ended June 30, 2025:
Regency Petroleum Limited (RPL) for the six months ended June 30, 2025, reported a 2% decrease in Operating Revenue totaling $864.48 million compared to $886.56 million in the corresponding period last year. Operating Revenue for the second quarter had an 11% decrease to close at $430.35 million compared to $481.88 million for the comparable quarter of 2024.
Year to date, Direct expenses amounted to $701.57 million (2024: $756.53 million), this represents a decrease of 7% year over year. Consequently, gross profit increased by 25% to $162.91 million compared to $130.03 million for the six months ended June 30, 2024. The company booked gross profit of $91.68 million for the second quarter versus $61.53 million reported for the similar quarter of 2024.
Year to date, administrative expenses increased by 43% to close at $93.63 million (2024: $65.54 million), while selling & distributive expenses decreased by 99% from $1.07 million in 2024 to $6,860 in the period under review. As a result, operating profit for the six months ended June 30, 2025 amounted to $69.87 million, a 10% increase relative to $63.71 million reported in 2024.
Profit before Finance Cost for the six months ended June 30, 2025, amounted to $69.87 million, a 10% increase relative to $63.71 million reported in 2024. Finance Costs totalled $18.77 million, a 439% increase from the corresponding period last year. (2024: $3.48 million).
Pretax Profit for the six months ended June 30, 2025, amounted to $51.11 million, a 15% decrease relative to $60.23 million reported in 2024. Pretax Profit for the second quarter amounted to $36.03 million (2024: $26.48 million).
No tax charge was incurred for the six months ended June 30, 2025 (2024: nil)). Net Profit for the six months amounted to $51.11 million, a 15% decrease from the $60.23 million reported in 2024. For the second quarter, Net Profit was $36.03 million (2024: $26.48 million).
Consequently, Earnings Per Share for the six months amounted to $0.036 (2024: EPS: $0.042), while Earnings Per Share for the quarter totaled $0.03 (2024: EPS: $0.02). The twelve-month trailing EPS was $0.05, and the number of shares used in these calculations was 1,435,786,770.
Notably, RPL’s stock price closed the trading period on August 12, 2025, at a price of $3.91 with a corresponding P/E ratio of 72.04x.
Balance Sheet Highlights
The company’s assets totalled $1.07 billion (2024: $768.36 million). The movement in total assets was mainly attributable to a $189.84 million increase in ‘Right of use asset’ amounting to $195.70 million (2024: $5.86 million) and an 44% increase in ‘Deferred expenditure’ amounting to $187.67 million (2024: $130.40 million).
Shareholder’s equity was $565.95 million (2024: $494.94 million), representing a book value per share of $0.39 (2024: $0.34).
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